New Information for Direct Loan Federal Borrowers
For academic year of 2025-2026, students with a high SAI or not enough financial aid to cover their tuition costs will be offered a federal direct loan in their financial aid package. There are three options that you must complete after you are offered the loan. On your CUNYFirst account you must accept, reduce or decline the award. If you are unsure about borrowing a federal direct loan view this video to help you decide click here
Applying for Federal Loans on CUNYfirst for students who were not already packaged for Federal Direct Loans:
2. For questions about your loans send an email to the loan team at loanunit@bcc.cuny.edu
3. Loan servicer contact information click here
4. To complete online entrance or exit counseling click here
5. How to complete entrance counseling video click here
6. How to complete exit counseling video click here
5. Current Interest Rates for Direct Loans click here
6. Tips to help avoid default payments video click here
7. If you need an additional loan, to make any changes, or to cancel an existing loan prior to disbursement, please come to the financial aid office.
Federal Direct Loan Updates:
- New consequences of missed federal loan payments March 2025
- Important information about the Federal Direct Loans click here
Information for Borrowers
Contact Us
Colston Hall [CO], Room 504
Phone: 718-289-5700
Fax: 718-289-6303
Email: financialaid@bcc.cuny.edu