Apply for a Loan
教育贷款可以帮助家庭支付2024-2025年的部分或全部学费. Barnard processes three types of loans:
- Federal Direct Loans
- Federal Direct Parent Loan for Undergraduate Students (PLUS)
- Private Loans
- Barnard is not processing federal or private loans for the Summer term. Please reach out to our office for additional information.
Detailed information on all loans is provided below. If you have additional questions, please feel free to email the Financial Aid Office at finaid@casabo.net.
Federal Direct Student Loans
All schools participate in the Federal Direct Loan Program. This program is administered by Barnard College which works with the U.S. Department of Education to offer this loan. The student borrows directly from the federal government and has a single contact—the Direct Loan Servicing Center—for everything related to the repayment of their loans. Detailed information regarding the program can be found on the U.S. Department of Education's website. Federal Direct Loans are available to students who are enrolled at least half-time and are U.S. citizens or permanent residents.
Yearly Federal Student Loan Limits
Year in School |
Base Amount (Maximum Subsidized Loan)* | Additional Unsubsidized Loan Amount | Total Maximum Loan Amount |
1st year | $3,500 | $2,000 | $5,500 |
2nd year | $4,500 | $2,000 | $6,500 |
3rd year | $5,500 | $2,000 | $7,500 |
4th year | $5,500 | $2,000 | $7,500 |
*家长被拒绝PLUS贷款的学生有资格获得额外的联邦直接无补贴贷款, up to $4,000 for first-year and sophomores and $5,000 for juniors and seniors. Independent students are eligible to borrow an additional Federal Direct Unsubsidized Loan, up to $6,000 for first-year and sophomores and $7,000 for juniors and seniors.
Federal Loan Details
- Subsidized: for students with demonstrated financial need, as determined by federal regulations. 教育部支付这些贷款的利息,而学生至少注册了一半时间,并在宽限期/延期期间. Once the loan is in repayment, interest accrues according to the established interest rate. If a student does not have financial need, 他们仍然可以根据他们在学校的时间,以无补贴贷款的方式借入贷款总额.
- Unsubsidized: not based on financial need and interest is charged once the loan is disbursed. 在学生在校期间以及宽限期和延期期间,这笔贷款将根据既定利率产生利息. 联邦独立学生或父母被拒绝父母PLUS贷款的学生可能有资格获得额外的无补贴金额(最高4美元),000 for Freshman & Sophomores, $5,000 for Juniors & Seniors).
补贴贷款计划是基于需求的,联邦政府在学生至少入学一半的时间内支付贷款利息. 可以借的金额仅限于学生的财政援助预算和所有其他收到的财政援助之间的差额. 无补贴贷款不以需求为基础,其借款金额可能相当于下列联邦贷款限额与补贴的联邦直接斯塔福德贷款金额之间的差额. 有关当前利率和发起费用的更多信息,请访问 The Federal Student Aid Webiste.
To be eligible to qualify for federal student aid (loans, grants and federal work-study funds) you must:
- demonstrate financial need (for most programs);
- be a U.S. citizen or an eligible noncitizen;
- 有有效的社会安全号码(来自马绍尔群岛共和国的学生除外), Federated States of Micronesia, or the Republic of Palau);
- 作为合格的学位或证书课程的普通学生入学或被录取;
- be enrolled at least half-time to be eligible for Direct Loan Program funds;
- maintain satisfactory academic progress in college or career school;
- sign the certification statement on the Free Application for Federal Student Aid (FAFSA®) stating that
- 你没有拖欠联邦学生贷款,也没有欠联邦学生助学金
- you will use federal student aid only for educational purposes; and
- show you’re qualified to obtain a college or career school education by
- 具有高中文凭或公认的同等学历,如普通教育发展(GED)证书;
- completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law); or
- 报名参加一个合格的职业道路项目,并满足以下描述的“能力受益”选择之一.
To maintain eligibility, you must continue to meet the basic criteria above. If you are incarcerated, have a conviction for a drug offense, 或者在因性犯罪服刑一段时间后被强制执行民事义务, your eligibility for federal student aid may be limited. Learn more about how criminal convictions can impact federal student aid eligibility.
For more information on federal student aid and loan eligibility, please visit the Federal Student Aid website.
Effective for loans first disbursed on or after July 1, 2021 and prior to July 1, 2022:
Fixed Interest Rate: 3.73%
Effective for loans first disbursed on or after July 1, 2022 and prior to July 1, 2023:
Fixed Interest Rate: 4.99%
Effective for loans first disbursed on or after July 1, 2023 and prior to July 1, 2024:
Fixed Interest Rate: 5.50%
Effective for loans first disbursed on or after July 1, 2024 and prior to July 1, 2025:
Fixed Interest Rate: 6.53%
For loans where the first disbursement is made on or after October 1, 2020 and before October 1, 2023:
Origination Fee: 1.057%
Net Fee of 1.057% is deducted from the amount borrowed.
Steps to Apply
1. Complete the Federal Student Loan Form in your MyBarnard Portal if you wish to apply for a Federal Direct Stafford Loan.
Barnard Grant Recipients: 获得经济援助的学生可以通过他们的学校接受贷款 Accept Awards page and do not have to complete the loan form. Students who wish to borrow the additional unsubsidized loan amount can submit the Federal Student Loan Form found in their MyBarnard Portal to request the additional loan.
2. Complete the Free Application for Federal Student Aid (FAFSA) for 2024-2025, if you have not already done so. Barnard's Federal School Code is 002708.
3. Complete Entrance Counseling online.
这有助于你了解你的责任关于你的贷款,并要求在你的贷款第一次支付之前. If you have borrowed a Stafford loan before, you do not need to do another Entrance Counseling session. Check your financial aid portal to determine if your Entrance Counseling was received.
4. Complete the Master Promissory Note (MPN) online.
这是一份法律文件,您承诺向教育部偿还贷款和任何应计利息和费用. If you borrowed a Federal Direct Stafford Loan in the past and completed an MPN, you do not need to do another MPN. Check your financial aid portal to determine if your MPN was received.
5. If you were selected for federal verification after completing the FAFSA, additional documents will be required. 财政援助办公室将通过电子邮件与您联系,以澄清哪些文件将需要完成验证过程.
If You Wish to Decrease or Cancel Your Federal Loan you may do so by completing the Loan Adjustment Form online.
Disbursement of Loans:你的贷款为期一学年,每学期开始时发放.
Repayment of Loans: When you graduate, drop below half-time, or withdraw from Barnard College, you will receive a six-month grace period for your loans. Once your grace period ends, you must begin repaying your loan.
You may choose to pay interest on your Direct Unsubsidized loan while you are in school. If you choose not to pay the interest while you're in school, it will be added to the unpaid principal amount of your loan, called capitalization.
Click here to review the Direct Loan Repayment plans.
Parent Loan for Undergraduate Students (PLUS)
Barnard College participates in the Federal Direct PLUS Loan Program. The Program is administered by Barnard College which works with the U.S. Department of Education to offer this loan. Detailed information regarding the Program can be found on the U.S. Department of Education's website.
Parents can apply for a Federal PLUS loan to cover their parental contribution. 许多家庭发现PLUS是用一生的积蓄和投资来支付教育费用的另一种选择. 父母可以贷款支付至少半日入学的受抚养本科生的教育费用.
Parent Loan Details
You are eligible to borrow a Federal Direct PLUS Loan if you:
- 贷款是为了支付一个独立的本科生每学期至少修六个学分的教育费用吗.
- are a U.S. citizen or eligible non-citizen (i.e. permanent resident).
- do not have an adverse credit history.
- have an adverse credit history, but either obtained an endorser with no adverse credit history, or you document to the U.S. Department of Education’s satisfaction that extenuating circumstances exist.
- are not in default on a Federal Stafford Loan, Federal PLUS Loan or Federal Direct Student Loan, or if you are in default on one of those loans, you have made satisfactory repayment arrangements.
You may borrow the full cost of education minus any other aid the student receives.
Effective for loans first disbursed on or after July 1, 2022 and prior to July 1, 2023:
Fixed Interest Rate: 7.54%
Effective for loans first disbursed on or after July 1, 2022 and prior to July 1, 2023:
Fixed Interest Rate: 8.05%
Effective for loans first disbursed on or after July 1, 2024 and prior to July 1, 2025:
Fixed Interest Rate: 9.08%
For loans where the first disbursement is made on or after October 1, 2020 and before October 1, 2023:
Origination Fee: 4.228%
Net Fee of 4.228% is deducted from the amount borrowed.
Sample Parent Loan (if the first disbursement is made on or after October 1, 2020 and before October 1, 2023:
Steps to Apply
1. Complete the 2024-2025 Free Application for Federal Student Aid (FAFSA), if you have not already done so. Barnard's Federal School Code is 002708.
2. Visit the Department of Education Direct Loan website http://studentaid.gov/plus-app/ and click on the Parent section.
3. Select Apply for a PLUS Loan.
4. Log In using your FSA ID.
5. Follow the instructions online and submit the application for a credit check. The Loan Period is September 2024 - May 2025.
6. 申请将自动以电子方式发送到财政援助办公室进行处理.
7. 如果你被批准并且之前没有填写过十大电竞游戏综合排名大学的直系家长贷款主本票, complete the MPN online. (Click on 'I am a Parent of an Undergraduate Student')
8. Once the loan application approval and all required documents are received, the loan will be credited to the student’s account.
9. 整个学年的贷款将分两次等额发放给十大电竞游戏综合排名, half for each semester.
To Increase your PLUS Loan:
1. Visit the Department of Education Direct Loan website www.studentloans.gov and click on the Parent section.
2. Select Apply for a Parent PLUS Loan.
3. Log In using your FSA ID.
4. 当你被要求指定提交此直接贷款申请的原因时,请选择“Change the application." and then specify the new total loan amount.
To Decrease or Cancel your PLUS Loan:
1. The parent borrower should email the Financial Aid Office at finaid@casabo.net to decrease or cancel your parent loan.
如果你需要减少你的贷款,你需要在你的电子邮件中指定你希望减少学年贷款的金额.
- Appeal the decision. The parent may appeal the denial with the Direct Loan Origination Center at 800-557-7394.
- Apply with an endorser (co-signer). If you are denied a PLUS loan because of an adverse credit history, you may still be eligible to borrow a PLUS loan with a co-signer. The entire process can be completed online at www.studentloans.gov. Click on Parent Borrowers and click on Endorsers can Complete an Electronic Endorser Addendum and allow 20 minutes to complete the process in a single session.
- Cancel PLUS Application. If you do not have a co-signer, 那么你的受抚养学生就有资格获得额外的联邦直接无补贴贷款基金. First-years and sophomores are eligible for up to $4,000 and juniors and seniors are eligible for up to $5,000.
- Interest accrues after the first disbursement.
- First payment is due 60 days after the second disbursement, unless eligible for deferment. Your assigned loan servicer will contact you directly.
- To defer repayment of your PLUS loan, review deferment and forbearance information on the Department of Education’s website.
- Repayment period is normally 10 years (standard plan), however extended and graduated plans are also available. Click here to review Repayment Plans.
Additional Federal Loan Information & Resources
- Direct Loans - Students and Parents: http://studentaid.ed.gov/sa/types/loans
- Direct Loan Master Promissory Note: www.studentloans.gov
- Direct Loan Entrance Counseling: www.studentloans.gov
- Direct Loan Consolidation Center: http://studentaid.ed.gov/sa/repay-loans/consolidation
- FSA ID: http://studentaid.gov/ (to register for a Department of Education Parent FSA ID--this replaces the FAFSA PIN.)
- Federal Student Aid Information: www.studentaid.ed.gov
- National Student Loan Data System: http://nslds.ed.gov/nslds/nslds_SA/
- Direct Loan Origination Center: 800-557-7394 (to appeal denial of PLUS loan)
- Direct Loan Consolidation Center: 800-557-7392
- Federal Student Aid Information Center: 800-433-3243
- Student Loan Support Center: 800-557-7394
Private Loans
学生可以选择向外部贷款机构申请私人教育贷款,贷款利率和期限各不相同. 家庭必须直接向他们选择的贷款人申请,我们的办公室将在贷款批准后证明贷款. 十大电竞游戏综合排名确实提供了一份推荐贷款机构的名单,家庭可以通过以下链接自行审查: Suggested Lenders for Students and Suggested Lenders for Parents.
PLEASE NOTE: U.S. citizens and Permanent Residents are typically eligible for Federal Student Loans. These loans have fixed interest rates, flexible repayment, loan forgiveness benefits, and generous deferment/forbearance options for economic hardship. 我们鼓励学生用尽联邦贷款的选择,并在向私人贷款人借款之前仔细审查私人贷款条款. 如果您对您的贷款资格有任何疑问,请随时世界十大电子游戏平台.
Steps to Apply
1. Apply directly with the private loan lender.
2. Once approved, submit the Barnard Private Loan Certification Request Form online.