Student Financial Services

Due to COVID-19 our staff is working remotely, our remote hours are 9am - 5pm, Monday - Friday.

Student Financial Services Zoom Meeting.
We will be available this Monday, 7/13/20 from 12pm – 3pm. We will post future meetings on our website if you can’t make these hours.

Join Zoom:

• More information to follow soon

 

You can reach us by email at: financialservices@purchase.edu , and information regarding spring 2020 account adjustments can be found on our frequently asked questions page.

 

Due to COVID-19 the CARES Act was signed into law on March 27^th 2020. As part of this law students and parents currently in repayment of federal students loans have been automatically placed in an administrative forbearance stopping all payments from March 13^th 2020 through September 30^th 2020. You can read more regarding this on the Federal Student Aid Website at: https://studentaid.gov/announcements-events/coronavirus .

If you are a student who attended in Spring 2020 but will take the Fall 2020 semester off, please be aware that your loans will go into repayment after a 6 month grace period from your last date of attendance. If you attended in Spring 2020 and finished the semester, you would be expected to start repayment of your federal student loans during November 2020.

You have options to repay these student loans or request deferment/ forbearance depending on your circumstance. To arrange this you will contact your Federal Loan Servicer. To identify your own Federal Loan servicer and to review the federal loans you’ve borrowed to date please do the following:

• Go online to: https://studentaid.gov/ & log in with your FSA ID

• The screen that appears will display your total loan balance and grants:

  • Click on the View loan servicer details text at the bottom right hand side of this box to view your federal loan servicer.

  • You can also click on View Details text to review each loan you’ve borrowed to date.