Home > Campus, News > URGENT MESSAGE from Financial Aid!

URGENT MESSAGE from Financial Aid!

Fordham University students received an e-mail on March 29, 2010 with this message from Financial Aid. Please read it thoroughly and act accordingly:

“The new financial aid legislation Congress passed on March 24 requires that every Stafford Loan borrower complete a new Master Promissory Note in order to receive their loan funds.   It requires only the quick and easy completion of an on-line form. 75% of all Fordham undergraduates use this loan program. Also, please watch for and follow the instructions you will  receive from Student Financial Services. Do not ignore this university email!!  It is information that you really need.

If you do not act, you will not receive the loan funds you expect.  It is a new requirement established by the Department of Education as part of the move to Direct Lending and most students are  unaware that it affects them directly.”

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