Binghamton University Scholarships for full-time students returning for fall 2014/spring 2015:
Deadline: Wednesday, April 16, 4 p.m.
Deadline: Wednesday, April 23, 4 p.m.
If you plan to attend Binghamton in the summer 2014, fall 2014, and/or spring 2015, and you need financial aid funding, remember to file your 2014-15 FAFSA beginning January 1, 2014.
New fall 2014 admits: 2014-15 Financial Aid Award Offer notifications will be emailed to the student email address provided on the FAFSA, beginning mid-March.
Returning students: 2014-15 Financial Aid Award Offers will be emailed to a student's Binghamton email address, beginning May 1st.
The following rates are effective for all Federal Direct loans with a first disbursement on or after December 1, 2013 and before September 30, 2014:
TEACH Grant: All awards with a first disbursement made between March 1, 2013 and before October 1, 2013 are subject to a 6% across-the-board reduction, based on the award schedule. All awards with a first disbursement made on or after October 1, 2013 and before October 1, 2014, will be reduced by .89%. For example, if the award is $2,000, it will be reduced by $17.80 for a total award of $1,982.20.
Iraq-Afghanistan Service Grant: All awards with a first disbursement on or after October 1, 2013 and before September 30, 2014 will be reduced by 7.2% from the original award amount the student would otherwise have been eligible for.
Due to the Moving Ahead for Progress in the 21st Century Act (enacted July 6, 2012), a new borrower on or after July 1,2013 cannot receive subsidized loans for more than 150% of the published length of the borrower's educational program. For example, if a student is enrolled in a 4 year program, they can receive 6 years of subsidized loans, if eligible. The law also states that a borrower who becomes ineligible for subsdized loans because of the 150% limit is ineligible for interest subsidy benefits on all subsidized loans first disbursed to that borrower on or after July 1, 2013.
Due to the Consolidated Appropriations Act, 2012, the following federal programs were impacted:
A student who completes the academic requirements for a program, is not eligible for further additional federal aid funds for the program.
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Last Updated: 2/19/14