What are the Terms of My Loans?


The “terms and conditions” of your loan generally refers to the specific features of the loan agreed to by the lender and the borrower. These include the interest rate and type of interest (fixed or variable), fees, how and when payments are due, and other repayment requirements.

Refer to the BU Financial Assistance website for current information about federal and state loans awarded by BU. For information about the terms and conditions of your private loan, refer to the documentation that was provided to you by your lender, visit the lender’s website, or contact them directly.