• Tuition Fees and Expenses
• Payment Deadlines
• Withdrawal/Refund
• Address Change
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• Financial Aid Office
  • General Information
  • Part-time Students
  • Graduating Students
    • Exit Counseling
    • Loan Repayment

 

Part-Time LL.M. Students

LL.M. students in the Graduate Tax and Banking Programs are able to enroll on a part-time basis. For financial aid purposes, part-time students are treated in a slightly different way than full-time students.

At least half-time enrollment

Half-time enrollment is considered to be 6 credits per semester for both programs. This distinction is important for student who would like to borrow to cover the costs associated with their LL.M. program. Students should be aware of the following:

• Federal Direct Stafford Loans - enrollment on at least a half-time basis is a requirement of this loan program. This requirement is set by the federal government not BU Law . If a student falls below half-time status during any semester, their loans for that semester will be canceled. A student may be considered eligible for one semester and ineligible for another in the same academic year. So a student could receive loans for the Fall semester but not for the Spring semester based on this criteria. A student with only one semester of eligibility for a given academic year may receive the maximum annual limit for Federal Stafford Loans during their eligible semester.
• Private Loans - private lenders may make half-time an eligibility requirement for their loans as well. Students should check with their preferred lender to see if this could be an issue. These same lenders may also have a loan option for students enrolled less than half-time, so it is always a good idea to check with your preferred lender before you consider switching lenders.
• Deferment of prior federal loans - to receive an in-school deferment on a prior educational loan, students must be enrolled at least half-time. This is also a federal requirement.

A student who anticipates that they will be enrolled for 6 or more credits in one semester and less than 6 in another semester during an academic year should contact the Law Financial Aid Office to make sure that they understand all their options.

Payment By Credit Card

Part-time students are allowed to make tuition payments by credit card. Students should follow the instructions on the Student Accounting Services website.

Deferred Payment Plans

Part-time students are Eligible for the University's Deferred Payment Plans. Students should follow the instructions on the Student Accounting Services website.