Students and parents have a number of loan options, which may be offered as part of your financial aid award offer or “package.” Note: Students must be registered for half-time enrollment (6+ credits for undergraduate; 3+ credits for graduate) to receive loan funding and must maintain half-time enrollment to avoid going into repayment of loans.
There are two kinds of education loans. Federal loans and alternative (or private) loans:
- Federal Direct Loans (undergraduate and graduate students)
- Federal Nursing Loan (undergraduate students)
- Graduate PLUS Loan (graduate students)
- Parent PLUS Loan (parents of undergraduate, dependent students)
- Perkins Loan (no longer available)
- Private Loans (undergraduate and graduate students)
- Loan Origination Fee Calculator
How to Accept Your Loans
- Log into BU BRAIN (login instructions on webpage).
- At the Main Menu, click on the Financial Aid tab.
- Select Award Offer
- Scroll to the "Loan" section.
