Undergraduate 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 offer a variety of options, including financial aid, payment plans, and loan programs, that can make your education more affordable. While exploring our site, we encourage you to formulate a plan that will help sustain your ability to attend Fordham for four transformative years.