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Financial Aid

William D. Ford Federal Direct Loan Program

Four separate programs provide federally insured, low-interest, long-term loans to you or your parents to help you cover the costs of attending college.

The federal government--not a bank or other lending institution--is your lender and makes the loan directly to you or your parents through the school. The school determines your eligibility, calculates the loan amount, and disburses the money. Once the loan is made, it is managed and collected by the U.S. Department of Education. Your direct loan is money that is borrowed and must be repaid after you leave school.

Federal Direct Subsidized Loan

Eligibility for this loan is based on the information you provided on your FAFSA. The federal government pays the interest on the loan while you are in school and during other deferment periods.

Federal Direct Unsubsidized Loan

Allows you to borrow money in addition to any subsidized loan amounts for which you may be eligible. You will be charged interest from the time an unsubsidized loan is disbursed until you pay the loan in full.

Federal Direct PLUS Loan

Allows the parents of dependent students to borrow up to the cost of attendance at Queens College. The federal government charges your parents interest from the date of the first disbursement until the loan is paid in full. Please note: Any graduate student inquiring about the PLUS loan should contact the Financial Aid Office.

Federal Direct Consolidation Loan

Allows you to combine loans borrowed from different federal loan programs into one new loan with a new (possibly lower) interest rate and repayment schedule.


 

 Office Information

 
Phone: 718-997-5102
 
Fax: 718-997-5122 
 

Assistance with the aid process is available in the One Stop Service Center in the Dining Hall. For more on the One Stop, visit www.qc.cuny.edu/onestop.

College Codes
FAFSA College Code - 002690
TAP College Code - 1416

ECSI College Code - F5





NEWS
  • Please note that the Financial Aid tab on CUNYfirst is active for Queens College students for Summer 2014 and following.
  • File all aid applications now with our college code and be sure to complete your CUNYfirst financial aid To Do List early.

 

 Applying for Financial Aid

 
 

 Useful Telephone Numbers

 

FAFSA Application Status 1-800-433-3243


FAFSA Technical Assistance 1-800-433-3243
NYS TAP Processing/Status 1-888-697-4372
Direct Loan Inquiries 1-800-848-0979
Selective Service 1-847-688-6888
Internal Revenue Service 1-800-829-1040
TuitionPay Payment Plan 1-800-635-0120

 
 
     



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