Dollar$ & $ense: April 2024
April 2024
News to Know
Ongoing 2024-2025 FAFSA Delays
There continues to be delays with schools receiving completed 2024-2025 FAFSA submissions. SFS will review student eligibility for Federal student loans once we receive FAFSA data and will continue to update students on changes.
We appreciate students’ understanding while Federal Student Aid (FSA) resolves the issue. Students who have submitted a FAFSA should continue to receive email updates from FSA.
BUMC Housing Fair
Thursday, May 23, 12-2pm
Hosted virtually by BU Off-Campus Services
- Meet with realtors and property managers
- Explore housing options
- Off-campus housing experts will answer questions
- For more information, contact BUMC Housing Resources; ohr@bu.edu, bumc.bu.ede/ohr/fair
Loan Repayment Strategies Virtual Sessions
Strongly recommended for any graduating BUMC student loan borrower
Graduating M4 Students: Tuesday, April 9 from 4 – 5:30 pm EST
Graduating SPH, GMS, GSDM: Wednesday, April 10 from 4 – 5:30 EST
Topics discussed will include:
- Debt management
- Deferment and forbearance
- Public Service Loan Forgiveness & SAVE repayment plan
- Loan repayment during residency (for MD session)
Looking for on-campus housing*? Graduate Housing application available. Act Fast!
Looking to live in Fenway Campus or Charles River Campus graduate housing? BU Housing’s graduate application is open but space is very limited. Housing selection is first-come, first-serve. *medical students can contact Student Affairs for MSR housing questions
2023-2024 Cost of Attendance Increase Appeal Deadlines
If you have borrowed up to the cost of attendance (COA) and are in need of additional loan funds for education expenses, please carefully review the COA appeal section of the Student Financial Services Website. To have your appeal reviewed by the financial aid committee, please submit the COA Appeal form and any supporting documentation. Supporting documentation may include a full copy of your lease and one month of utility bills. All submitted documentation must be organized and dated during your enrollment period.
Deadline to submit COA request for 2023-2024 academic year:
- GMS and SPH: April 5, 2024
- Medical Students
- M2 and M3: April 1, 2024
- M1 and M4: April 5, 2024
- GSDM:
- DMD3 and DMD4: April 5, 2024
- Postdoctoral: May 15, 2024
- All Other Populations: June 1, 2024
Federal Student Loan Exit Counseling for Graduating Students
Graduating Federal Direct Loan borrowers must complete the Federal Student Loan Exit Counseling. This can be done electronically at StudentAid.gov.
Students who received institutional loans will receive more information on completing exit counseling through ECSI.
SPH & GMS Students – Enrolled in Summer?
Looking to borrow loans for the summer semester?
- You must be enrolled in 6+ credits for summer 1 and/or summer 2 or certified full-time (for GMS students)
- Submit 23-24 and 24-25 FAFSA and the Summer Direct Loan application
- Only available to GMS and SPH students
BU Medical Campus Housing Guide 2024
BUMC’s 2024 Housing Guide, built with reviews from current BUMC students, is now available! Find more info on neighborhoods, best values, and landlord/property ratings
Visit our Housing Resources website for housing information, handling roommates and landlords, and living in Boston without ruining the budget
Scholarship Opportunities
Our Scholarship page includes BU and BUMC specific scholarships, school-specific scholarships, various service-based scholarships such as the National Health Service Corps (NHSC) and Military Health Professions Scholarship Programs, and scholarship search sites.
Questions?
Speak with SFS!
We have Zoom virtual office hours available to all BUMC students throughout the week. Stop by Student Financial Services in suite B-401 in the Robinson Building where you can meet with an SFS staff member in-person Monday through Friday. You can also reach us by phone at 617-358-6550.
AccessLex Financial Education Resources
AccessLex is a non-profit that offers free financial education resources to help students and recent grads manage their finances and loan repayment. Their webinar, The Road to Zero: A Strategic Approach to Student Loan Repayment, provides all the info needed to feel confident about loan repayment. You can also set up free 1:1 meetings with their Accredited Financial Counselors to discuss your specific financial situation and goals.
AAMC First Tools & Webinars for Medical Students
AAMC offers events created specifically to provide medical students with financial resources for your time during and after medical school.
This month’s webinar, Learn About Our Resident Section of the “Guide to Money Management and Student Loans”, will review AAMC’s Student Loan guide and how to succeed financially while in residency. The webinar is at 2 PM EST on January 26. Register for the webinar here.