{"id":11128,"date":"2017-08-04T18:17:28","date_gmt":"2017-08-04T22:17:28","guid":{"rendered":"https:\/\/www.bumc.bu.edu\/osfs\/?page_id=11128"},"modified":"2020-04-06T13:38:40","modified_gmt":"2020-04-06T17:38:40","slug":"bu-institutional-loans","status":"publish","type":"page","link":"https:\/\/www.bumc.bu.edu\/osfs\/resources\/types-of-aid\/loans\/bu-institutional-loans\/","title":{"rendered":"BU Institutional Loans"},"content":{"rendered":"<p>Boston University offers various institutional loans to eligible students.\u00a0 <span>An applicant\/student must be a U.S. citizen, a naturalized citizen of the United States, permanent resident or an eligible non-citizen. Financial aid is awarded on the basis of demonstrated need. \u00a0<\/span>Students are reviewed and considered for BU Loans during the financial aid application process. These loans are funded through generous gifts from Boston University Alumni and Friends.<\/p>\n<ul>\n<li>The interest rates range from 3% &#8211; 7% and may be fixed or variable and interest does not accrue or capitalize while you are in school.<\/li>\n<li>Students have a 10 year \u00a0standard repayment plan.<\/li>\n<li>Repayment beings 12 months after you graduate or leave school. The amount is determined based on your calculated financial aid eligibility and the availability of funds.<\/li>\n<li>Click <a href=\"https:\/\/www.bu.edu\/studentloanaccounting\/student-loan-resources\/individual-forms\/\">here <\/a>to learn about the forbearance and deferment borrower benefits offered to students.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><script type=\"text\/javascript\" src=\"https:\/\/ai.fatv.us\/embed\/standard\/a18e4a47-86a0-4c46-ad4d-677e7587d39e\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston University offers various institutional loans to eligible students.\u00a0 An applicant\/student must be a U.S. citizen, a naturalized citizen of the United States, permanent resident or an eligible non-citizen. Financial aid is awarded on the basis of demonstrated need. \u00a0Students are reviewed and considered for BU Loans during the financial aid application process. These loans [&hellip;]<\/p>\n","protected":false},"author":13724,"featured_media":0,"parent":8325,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/pages\/11128"}],"collection":[{"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/users\/13724"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/comments?post=11128"}],"version-history":[{"count":9,"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/pages\/11128\/revisions"}],"predecessor-version":[{"id":12816,"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/pages\/11128\/revisions\/12816"}],"up":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/pages\/8325"}],"wp:attachment":[{"href":"https:\/\/www.bumc.bu.edu\/osfs\/wp-json\/wp\/v2\/media?parent=11128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}