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How do I consolidate my loans?

How do I consolidate my loans? Sign in to StudentLoans.gov and access the "Direct Consolidation Loan Applications" link from your "My Account" page.  From here you can begin the application process to consolidate your loans electronically. Alternately, you may click on the "Direct Consolidation Loan" link under "Tools and Resources" on the homepage to...

Federal Direct Loan Borrowing Chart

Maximum Annual & Aggregate Loan Amounts Dependent Students Base Amount (may be subsidized or unsubsidized) Additional Unsubsidized Amount Total Subsidized and Unsubsidized Amount 1st year - fewer than 30 credits earned up to $3,500 per year up to $2,000 per year up to $5,500 per year 2nd year - more than 30 credits earned...

Request a Federal Direct Loan

Before you request a Federal Direct Loan, learn about the Direct Loan program by reading the Federal Direct Loan Frequently Asked Questions pages. Steps to Request a Federal Direct Loan File a Free Application for Federal Student Aid (FAFSA) for 2023-2024. If you are a first-time Direct Loan borrower at BMCC, you must complete Entrance...

Direct Loan Borrower Rights and Responsibilities

What are my rights as a Direct Loan Borrower? You have a right to: written information about your loan obligation, information on loan consolidation and refinancing, and a list of your rights and responsibilities as a borrower. a copy of your promissory note, and return of the note when your loan is paid in...

Student Loan Deferment and Cancellation Summaries

Student Loan Deferment Chart Deferment Condition Direct Loans FFEL Loans Perkins Loans At least half-time enrollment at a postsecondary school Yes Yes Yes Study in an approved graduate fellowship program or rehabilitation training program for the disabled Yes Yes Yes Unable to find full-time employment Up to 3 years Up to 3 years Up...

CUNY Model Code of Conduct

In response to an investigation of questionable practices on the part of certain student loan lenders and some institutions of higher education by the NYS Attorney General several years ago, CUNY and all its constituent colleges adopted the following Model Code of Conduct: The provisions of this Model Code of Conduct apply to all...

Federal Work-Study

Work-study is financial aid you receive in the form of hourly wages from a job that you obtain through the Financial Aid Office. Work-study jobs try to give you practical experience in your field of interest or place you in community service work of some kind. Work-Study Federal Work-Study Program Frequently Asked Questions Academic...

Federal Work-Study Program

Frequently Asked Questions To receive Federal Work-Study, you must meet the eligibility requirements for federal student aid described in the PELL Frequently Asked Questions.To be considered for Federal Work-Study, you must fill out a Free Application for Federal Student aid (FAFSA) by an established filing deadline and indicate on it that you are interested...

Web Resources

These web sites may help you resolve problems related to your application status, or discover additional financial resources to help you pay for college. On-Line Status Checks FAFSA (Federal Application) Processing TAP Application (NYS Tuition Assistance) Processing Quick Links Federal Student Aid ID FSA ID Information Sheet Request an IRS Tax Return Transcript Federal...

Application Deadlines

If you miss the application deadlines posted below, you may still apply for financial aid, but funds from some sources may not be available to you if you file late. Some award programs have limited funding and are awarded on a first-come, first-served basis. Remember: You must reapply for financial aid every academic year....