Applying for a Loan
Student loans can play a critical role for helping to finance your education and are a great resource when used conservatively and wisely. You may borrow loans for up to your total Cost of Attendance (which includes the cost of tuition, mandatory fees, living expenses, and BU medical insurance) minus aid received (notably non-service fellowships such as the Dean’s Fellowship, tuition scholarships, and insurance scholarships). We encourage you to carefully consider whether or not you need to borrow, and if you do, to borrow no more than you need or can comfortably repay after leaving school. Information regarding various loan resources can be found by clicking on the options listed below. If you have further questions, do not hesitate to contact grsaid@bu.edu. Please always include your BU ID in all written correspondence. We are here to help you with any information or questions you may have regarding the loan process here at Boston University.
Federal Direct Unsubsidized Loan
Credit-Based Loans (incl. Grad PLUS Loan)
Loan Deferments
The University has partnered with the National Clearinghouse to make your registration information available to loan servicers. The University reports the start and end dates of the semesters in which you are registered – as long as you did not restrict the sharing of your personal information. You may also ask the registrar to complete a loan deferment form from your lender. The Graduate School of Arts and Sciences (GRS) does not verify enrollment, please contact the Registrar’s Office and refer to the Registrar’s Office FAQs:
I have a verification form from my student loan lender that needs to be filled out. Can you complete the form? Yes, the Registrar’s Office can complete a verification form sent to us by the student for a lender. You can either come in person to our office, fax (617-353-1869), email a scanned copy of the form to registrar@bu.edu or mail the form to: Office of the University Registrar, Boston University, 881 Commonwealth Ave, Boston, MA 02215.