Suffolk University is pleased to announce the President’s Incentive Loan (PIL) program has been expanded. A greater number of recipients and larger awards will be available to students enrolling full time beginning in the fall of 2009.
Initially awarded as a loan, this funding is converted to a grant the day the recipient graduates from Suffolk University. Hence, this innovative program helps students and their families keep borrowing to a minimum. The PIL is normally renewable for each year of full time enrollment, provided all eligibility requirements are met, so savings can be substantial.
The PIL program offers recipients a unique opportunity to offset educational costs. Selection of program participants is based on demonstrated need (as determined by the Office of Student Financial Services) and academic achievement.
In order to be considered for this and all other need based aid programs, you must apply for financial aid by March 2, 2009. Apply online or download the forms here.