Graduate Financial Aid: Student Loans

About the Loan:

• Credit-based loan
• Covers up the cost of attendance

Eligibility Requirements:
To be eligible, loan applicant must:

• Be a United States citizen or permanent resident
• Have been accepted into a degree program
• Plan to attend at least half-time (6 or more credits) each semester
• Be making satisfactory academic process
• Have no drug convictions
• Be within the maximum borrowing limit of $138,500
• Have no prior default

Academic Requirements:
Please read carefully. Failure to meet any of these requirements could lead to the cancellation of a Graduate PLUS Loan.

To be eligible, student:

• Must maintain good academic standing
  (Please contact your department to learn more about academic standing)
• Must be registered for at least 6 credits (two classes) per semester
• Cannot receive financial aid for a previously taken course

Application Requirements:

There are four components for a Graduate PLUS Loan Application:

Loan Process:
Inquire about the Graduate Plus Loan process at the Boston University Office of Financial Assistance.

Refunds:
Students must request a refund via e-mail to finanaid@bu.edu. Please allow two weeks for the check to be processed.