Financial Aid

View FAQs by Category

Financial Aid 101



Federal Work-Study

Federal Direct Subsidized Loan

Are there any other charges for this loan?

Yes. You'll pay an origination fee of 3% and a federal default fee of 1%. These will be deducted proportionately from each disbursement. Some of this fee will go to the Federal Government to help offset the administrative costs of the loan.

When do I pay back my loan?

  • BMCC logo
The City University of New York

Borough of Manhattan Community College
The City University of New York
199 Chambers Street, New York, NY 10007
212-220-8000 | Directory

Text Only Version