
- Policy Regarding Release of Information to Parents and Guardians Effective September 1, 2009
- Spring Semester Application for Financial Aid -2009/2010
Now Available; November 2, 2009 Priority Deadline
- Four Steps to Managing the Cost of Your Education
- Student’s Federal Direct Stafford Loan; How to get Funds Credited to your BU Student Account
After you have applied and been approved for a Federal Direct Stafford Loan, you must complete the master promissory note and the entrance counseling requirement. Both are completed online using your Federal PIN (personal identification number). If you completed your FAFSA online, you may have signed the FAFSA electronically using a Federal PIN. If you do not have or cannot recall your PIN, request a new (or duplicate) PIN from the Federal Student Aid PIN Web Site. Allow up to ten business days to receive your PIN.
- Parents’ Federal Direct PLUS Loan; How to get Funds Credited to the Student’s BU Account
After you have applied and been approved for a Federal Direct PLUS Loan, you must complete the master promissory note to ensure that the funds will be credited to your son or daughter’s student account. The master promissory note is completed online using your Federal PIN (personal identification number). If you completed your son/daughter’s FAFSA online, you may have signed the FAFSA electronically using a Federal PIN. If you do not have or cannot recall your PIN, request a new (or duplicate) PIN from the Federal Student Aid PIN Web Site. As the parent of the student, you will need to sign with your own parent PIN. You cannot use your son or daughter’s PIN. Allow up to ten business days to receive your PIN.
- National Student Loan Data System (NSLDS)
Access Information about Federal Financial Aid You Received.
- Income Based Repayment for Federal Student Loans
Beginning July 1, 2009 borrowers get new repayment options
Information is now available about Income Based Repayment (IBR) for federal student loans, including IBR:
- eligibility requirements
- a benefits payment calculator
- some examples of how a borrower's monthly student loan payment can be reduced
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