Weather Update
Due to the storm, Barnard College will close at 4pm today, for non-essential personnel. “Essential personnel" include staff in Facilities, Public Safety and Residence Halls.
Friday evening and weekend classes are cancelled but events are going forward as planned unless otherwise noted. The Athena Film Festival programs are also scheduled to go forward as planned but please check http://athenafilmfestival.com/ for the latest information.
Please be advised that due to the conditions, certain entrances to campus may be closed. The main gate at 117th Street & Broadway will remain open. For further updates on college operations, please check this website, call the College Emergency Information Line 212-854-1002 or check AM radio station 1010WINS.
3:12 PM 02/08/2013
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FEDERAL DIRECT PARENT LOAN FOR UNDERGRADUATE STUDENTS (FPLUS) |
FEDERAL DIRECT STAFFORD STUDENT LOAN (SUBSIDIZED & UNSUBSIDIZED) |
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Eligibility |
Parents |
Student |
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Maximum Annual Limits |
Full cost of education (tuition, fees, room, board, books, travel, personal expenses) minus financial aid. |
First year = $3,500. Sophomore year = $4,500. Junior & Senior years = $5,500 each. |
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Income Restrictions |
None |
Subsidized: requires demonstrated need. Unsubsidized: none. |
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Credit Check |
Yes |
No |
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Fees |
4% origination fee deducted from amount borrowed. |
1% origination fee deducted from amount borrowed. |
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Interest Rate
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Fixed 7.9%. |
Subsidized Stafford: Fixed 3.4% for loans made on or after July 1, 2012. Unsubsidized Stafford: Fixed 6.8%. Interest rate reduction: .25% when you use the electronic debit account (EDA) option to make payments on your loan. |
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First Payment |
Principal & interest repayment begins 60 days after the loan is fully disbursed. |
Subsidized & Unsubsidized: When you graduate, drop below half-time, or withdraw from Barnard College, you will receive a 6 month grace period for your loans. Once your grace period ends, you must begin repaying your loan. Interest subsidy during the 6 month grace period is eliminated for loans between 7/1/12 and 7/1/14. Students will be responsible for the interest accrued during that grace period. |
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Payments Per Year |
12 per year |
12 per year |
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Payment Period |
10 years |
10 years |
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Telephone/ Web Contact |
(212) 854-2154 |
(212) 854-2154 |
