Student Loans
Unlike grants and scholarships, student loans are a type of financial assistance that must be repaid with interest so please research your options carefully and borrow conservatively. Federal loans typically offer lower interest rates and better benefits than private loans. You are strongly encouraged to maximize your federal loan eligibility prior to considering any other loan options.
Loan Reporting
All loan information will be submitted to the National Student Loan Database System and will be accessible by guaranty agencies, lenders and institutions determined to be authorized users of the data system. To access your loan information, please log into the Student Aid website by using your FSA ID.
To ensure the integrity and the best interests of our students BSU employees are subject to the Student Loan Code of Conduct.
Loan Default Rate
BSU’s 3-year cohort default rate for 2018, the most recent year available was 3.2%. For information about the national average Cohort Default Rate, as well as specifics by institution type, please visit Federal Student Aid’s default Data Center.
Contact Financial Aid
BSU Financial Aid Office
1500 Birchmont Dr NE, #14
Bemidji, MN 56601
Phone: (218) 755-2034
Toll Free: (877) 755-FAID
FAX: (218) 755-4361
Deputy Hall Room 114