Loans

Students may borrow through federal and/or private loan sources to finance their educational expenses.

Tip: The Law Financial Aid Office strongly suggests that student borrow the maximum amount of Federal Direct Stafford Loans that they are eligible to receive before turning to the Federal Direct Graduate PLUS Loan or a private loan. Please contact our office if you are unsure of your eligibility.

Federal Direct Stafford Loan | Graduate PLUS Loan | Private Loans

Federal Direct Stafford Loan
Loan Terms	Check here for current interest rates, fees, eligibility rules, and disbursement information
To apply	Submit the following materials:
	Free Application for Federal Student Aid (FAFSA) Boston University Federal School Code - 002130 ALL graduate students are considered independent for federal loan purposes. The parental sections of the FAFSA do not need to be completed.
	Direct Loan Processing Request Form This form should only submitted by students who have currently enrolled in or intend to enroll in classes at BU Law.
	Entrance Counseling – to be completed by all first time borrowers
	Master Promissory Note – completed by all borrowers

Federal Direct Graduate PLUS Loan
Loan Terms	Check here for current interest rates, fees, eligibility rules, and disbursement information
To apply	Submit the following materials:
	Free Application for Federal Student Aid (FAFSA) Boston University Federal School Code - 002130 ALL graduate students are considered independent for federal loan purposes. The parental sections of the FAFSA do not need to be completed.
	Federal Direct Graduate PLUS Loan Request Form
	Entrance Counseling
	Graduate PLUS Promissory Note Use your FAFSA PIN to complete the promissory note. If you do not have your PIN, you may request it. The Graduate PLUS Loan cannot be used to settle a student's account until the promissory note has been completed.