Graduate PLUS Loan Application

Thank you for completing the SFS Graduate PLUS Loan Pre-Application Counseling.

You many now complete the the 2022-2023 Graduate PLUS Loan Application and return it to Student Financial Services.

Please be advised that it can take at least 5-7 business days to process your Graduate PLUS Loan, especially during busier times of the year.

NOTE: for your identity safety and convenience, the Graduate PLUS Loan no longer requires a Social Security Number to be submitted. Therefore, you can submit the completed application via regular email.

Federal Financial Aid Credit Authorization (FFACA)

The last page of the Graduate PLUS Loan Application is the Federal Financial Aid Credit Authorization (FFACA).

Federal regulations require that federal financial aid credited to your student account be applied only to cover allowable charges, unless Boston University obtains authorization to apply these funds to all other charges on your student account. You may submit your authorization by completing page 4 of the Graduate PLUS Request form or electronically on the Student Link.

Without your authorization, Title IV funds credited to your student account cannot be applied to non-allowable charges.

This may result in a refund being automatically issued to you that creates a balance due on your account. The resulting student account balance becomes your responsibility to repay

Title IV Federal Financial Aid Funds

• Federal Direct Loans
• Graduate PLUS Loans

Allowable Charges

• Tuition
• Mandatory fees

Non-Allowable Charges (include but are not limited to)

• MBTA Pass
• Medical insurance
• Replacement ID fees
• University Health Services fees for service
• Other miscellaneous fees