FAQ
Are tuition payment plans available?
What type of aid was I awarded?
How will I receive my financial aid?
What if I decide not to enroll, drop or add credits?
What if I decide to completely withdraw from the college during the semester?
Can I purchase my textbooks using my financial aid?
What if I have a credit balance after my financial aid is credited to my account?
Financial Aid
Are tuition payment plans available?
- Fall/Spring tuition in installments. It is hoped that this plan will assist students in both budgeting and paying for their tuition.
- There is a $35 administrative fee per semester for this service, but the plan charges no interest. Once a student has applied and paid the fee to AMS, the student can make changes to the estimated contract amount through the BHCC Student Payment Office (617-228-2150). Applications and details for the plan will be available at the BHCC Student Payment Office located in room B219 on the Charlestown campus. For more information about AMS, please go to www.tuitionpay.com or phone 1-800-635-0120.
What type of aid was I awarded?
How will I receive my financial aid?
Tuition bills for the academic year will be mailed as follows: Fall Semester�mid-July; Spring Semester�mid-December. Your actual financial aid dollars will be credited to your account in the following manner:
Federal Work Study:
- Work Study funds are not credited to your account. Instead, you will receive bi-weekly paychecks from your campus job through the BHCC Payroll Office located in room B-218 of the Charlestown campus.
Grants (Pell, SEOG, MASSGrant, CCAG , MA Need-Based Tuition Waiver, MA Performance Grant , MA Part-Time Grant)
- All grants will be directly credited to a student�s account. Grants are usually credited to a student�s account after the 60% point of the academic semester.
Federal Stafford Loan:
- You must apply for your Stafford Loan for the entire academic year, or at least two consecutive semesters. In most cases, your loan will be sent by your lender in two equal parts, one for each semester of enrollment.
- When the your loan funds are disbursed (after the midpoint of the academic semester) you will be contacted by the Student Payment Office notifying you that the funds have been received and that you have the right to cancel the loan proceeds by contacting the Student Payment Office.
What if I decide not to enroll, drop or add credits?
What if I decide to completely withdraw from the college during the semester?
Students who completely withdraw from the college after the drop/add period of an academic semester should understand the following:
- The U.S. Department of Education and the Massachusetts Office of Student Financial Aid mandate that a calculation be performed to determine how much financial aid the student has earned at the time the student completely withdraws from the college and award that amount to the student. The calculation and the complete policy can be found in the BHCC Catalog. PLEASE NOTE: After this calculation has been completed a revised financial aid award letter will be mailed to the student and a balance may be owed to the college. The student then will need to contact the Student Payment Office to arrange to pay any financial obligations to BHCC.
- If you borrowed funds through the Federal Stafford student loan, you must contact the Financial Aid Office to complete an Exit Interview. You should also contact your Stafford Lender to set up a repayment schedule before your grace period ends.
Can I purchase my textbooks using my financial aid?
An agreement with the BHCC Bookstore managed by Barnes and Noble allows a limited line of credit that is made available to eligible students who are enrolled for six or more credits and whose aid is greater than their projected costs. These students are contacted by letter two weeks prior to the beginning of the Fall and Spring semesters. Students who register at least at half-time status after that period will need to report to the BHCC Financial Aid Office for a paper voucher. No line of credit is available for the Summer academic semester.
What if I have a credit balance after my financial aid is credited to my account?
Financial aid is credited to your account after the 60% point of the academic semester. If you receive aid which totals more than your academic costs and bookstore charges, you will receive a refund that will be mailed to your permanent address by the BHCC Student Payment Office.
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