Graduate Financial Aid

Important Information for Loan Forgiveness Eligibility

President Biden announced, on 8/24/2022, his Loan Forgiveness Plan. Per his plan, borrowers with annual income during the pandemic of under $125,000 (for individuals) or under $250,000 (for married couples or heads of households) who received a Pell Grant in college will be eligible for up to $20,000 in debt cancellation. Borrowers who met those income standards but did not receive a Pell Grant will be eligible for up to $10,000 in relief. The federal Department of Education will be announcing further details on how borrowers can claim this relief in the weeks ahead.

To see if you received a federal loan or a Pell grant in any year, please review studentaid.gov.

A Fordham education is an investment in your future.

We strive to help you determine the combination of financing options and resources that serve you best. We provide a variety of options, including loan programs, gift aid (offered through your graduate school), and payment plans, that can make your education more affordable. We’re excited to support you as you take the next step in furthering your education with us.