Loan Information

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Federal Direct Loans

The 2015-2016 Loan Application Process is now available- summer 2015 through spring 2015

Attention: Important information for First-Time Borrowers on or after July 1, 2013.

As of July 1, 2010, all federal Stafford student loans are through the U.S. Department of Education’s (ED) Federal Direct Loan (FDL) program. This means that if you borrow money toward educational expenses, you will make repayment to a federal government servicer instead of a private lender. For FDL information, visit their website.

Who is Eligible to Apply for a FDL?

Once you have been issued an Award Letter or an Eligibility Notification from BMCC, you may complete the FDL application process. At least half-time (6+ credits) aid-eligible enrollment is required. Check your financial aid status at your BMCC Student Wolf web account. Per-term loan application deadlines are as follows:

Term

Last day to apply:

Summer 2015

Monday, Aug. 17, 2015

Fall 2015

Monday, Nov. 30, 2015

Winter 2016

Monday, March 7, 2016

Spring 2016

Monday, May 30, 2016

Additional Information: