Financial Aid Overview
The Office of Financial Aid understands that graduate students are investing in their careers and their future. Our Financial Aid professionals provide applicants and students with information and counseling about how they can finance the next steps in their education. Financial aid awards may take the form of scholarships, federal loans, or federal work-study opportunities.
Financial Aid Checklist
The Financial Aid Process:
Primary scholarship consideration will be given to those who complete their application by the priority submission date. Applications submitted after date will be reviewed for scholarship based on remaining availability.
FAFSA FOR LOAN NO PRIORITY SUBMISSION DATE NO PRIORITY SUBMISSION DATE PRIORITY SUBMISSION DATES SUMMER LONG/ SUMMER 2 /FALL SPRING FAFSA FOR SCHOLARSHIP FEBRUARY 1 NOVEMBER 1
How do I apply for financial aid at Bank Street?
All students interested in receiving financial aid must complete and submit the FAFSA (Free Application for Federal Student Aid). Please remember that in order to complete the FAFSA, you will need your federal tax returns. The FAFSA becomes available annually on October 1st and can be accessed at the Federal Student Aid website. Bank Street’s Title IV Code is G02669 (G ZERO 2669).
Are there financial aid deadlines?
No. We have priority submission dates. To be give maximum consideration for financial, you should submit your FAFSA and Scholarship application by the priority submission date of of February 1st. Individuals applying for loans only should complete the FAFSA at least six weeks before the academic term for which they plan to register.
I plan to attend Bank Street College as a full-time student and I will not be working. How can I finance my education and meet my living expenses?
As a graduate student you can borrow up to $20,500 per fiscal year (July 1–June 30) through the William D. Ford Federal Direct Unsubsidized Loan Program. The loan funds you borrow can assist in meeting your educational costs as well as your living expenses depending on the number of credits enrolled per semester. You may also qualify for additional sources of aid including scholarship, work-study or loans.
I have outstanding student loans from my undergraduate school. Can these loans be deferred while I am attending Bank Street College?
Most student loans can be deferred if you are enrolled at least half time. Half-time enrollment is considered a minimum of 5 credits (or the equivalent) during the Fall or Spring semester or a minimum of 2 credit hours during the Summer 1 or Summer 2 term. You must check with your lender or loan servicer for more information regarding the deferment of your student loans. The Office of Financial Aid can assist with this process.