Student Loans

The Student Loan Department in the Office of Student Financial Services is responsible for processing and collecting Perkins, Nursing, and Institutional Loans. We are happy to serve the needs of all current and former Boston College borrowers.

For information on applying for student loans and financial aid, visit the Financial Aid website.


NEW! Stafford Public Service Loan Forgiveness
The College Cost Reduction and Access Act of 2007 established a new public service loan forgiveness program. This program discharges any remaining debt after 10 years of full-time employment in public service. To find out more, visit http://www.finaid.org/loans/publicservice.phtml.


NEW! July 1, 2008 Federal Stafford Interest Rates are Announced

Variable Stafford Loans which have not been consolidated will accrue at:

  • 3.61% during the Grace period
  • 4.21% during the Repayment period

All 2008 graduates contemplating loan consolidation should apply to  consolidation companies between July and November while still in the Grace period in order to maximize their benefit.


Loan Signing:

Students who have been awarded the Perkins, Nursing, or Law loan for the first time or the Balfour, Peter Jay Sharp, or the Bank of America Loan this year, must complete entrance counseling and sign a promissory note. Visit http://www.ecsi.net/promx9/ for more information.


ECSI (Educational Computer Systems, Inc.), an industry leader for loan servicing, will take over the billing of student loans on February 1, 2007.

New features available through ECSI:

  • Sign promissory notes electronically
  • View and update your account through web access
  • Make an E-payment
  • Sign up for electronic draft (ACH) payments

You may now access your loan account through one of the following links:

Enrolled Students:
https://agora.bc.edu/student/campus.loan/
Boston College Alumni:
https://agora.bc.edu/alumni/campus.loan/
Former Students:
http://www.ecsi.net/bwr/borrower.html