US Direct Loans: Application process instructions

You can complete your FAFSA at https://studentaid.gov/h/apply-for-aid/fafsa and enter Bocconi school code G30787.

Your FAFSA will also show your Student Aid Index (SAI) which is used by the school to determine your eligibility and build your financial offer. 

You must check the “Next Steps” section on your FAFSA Submission Summary and verify if the information you shared in your FAFSA submission form are accurate. Remember that you can Edit your FAFSA.

Once you have completed your FAFSA form, you will need to log in to the “US Direct Loan Application”, which will be available starting from September 25, 2025 (opening at 10:00 AM Italian Time). The online procedure is dedicated to Bocconi students; therefore, you must be formally enrolled and have completed the payment of your first installment advanced payment.

Typically, your loan will cover up the whole academic year. However, if you request your loan after the first semester has ended, you will not be able to request an amount covering the whole academic year. 

Please find below the deadlines to request your loan

1.For Bachelor and Master of Science students

Please note that you will not be able to request any loan after April 15. If you have already requested some loan and would like to receive more, provided that you do not go over the cost of attendance decided by Bocconi University, you must place your request by email at Funding@unibocconi.it by and no later than April 15.

2. For SDA Bcconi Students

Please note that you will not be able to request any loan after April 15 (May 31 for MAGER, MAFED and MSM students). If you have already requested some loan and would like to receive more, provided that you do not go over the cost of attendance decided by Bocconi University, you must place your request by email at Funding@unibocconi.it by and no later than April 15  (May 31 for MAGER, MAFED and MSM students).

To complete the "U.S. Direct Loans Application 2025-2026", follow the steps here below: 

Bachelor and Master of Science students:

• Fill in the “contact details” section and click on “save”;
• Fill in the “student’s details” section and click on “save”;
• Indicate an Italian telephone number (if available) and a European bank account in your name, then click “save”. Attention: if you do not have a European bank account, our office will not be able to disburse any remaining of your loan.
• You can now click on the button “submit data” on the top right corner (a red bar will appear);
• You will then receive from our office your Award Letter stating the maximum amount you are eligible to borrow. Once you have signed the Award Letter by hand, you need to upload it in the appropiate upload and inform the Fees, Funding and Housing office.
• Download the Student Agreement, print it and sign it by hand. No digital signature (even if handwritten on an i-pad) will be accepted;
• Upload all the required documents in the dedicated upload fields, you can find the "print" section a document where all the links to get the documents are published;
• Click on “submit application” on the top right hand corner (a green bar will appear) and your application will be considered officially submitted.

SDA Bocconi students: 

• Fill in the “contact details” section and click on “save”;
• Fill in the “student’s details” section and click on “save”;
• Indicate an Italian telephone number (if available) and a European bank account in your name, then click “save”. Attention: if you do not have a European bank account, our office will not be able to disburse any remaining of your loan.
• You can now click on the button “submit data” on the top right corner (a red bar will appear);
• You will then receive your Award Letter stating the maximum amount you are eligible to borrow. Once you have signed the Award Letter by hand, you need to upload it in the appropiate upload and inform the Fees, Funding and Housing office.
• Carefully complete the "Direct Loan Application & Student Agreement" data section and click on “save”. Make sure that what you input is consistent with what you declared in the Award Letter;
• Download the Student Agreement, print it and sign it by hand. No digital signature (even if handwritten on an i-pad) will be accepted;
• Upload all the required documents in the dedicated upload fields, you can find the "print" section a document where all the links to get the documents are published;
• Click on “submit application” on the top right hand corner (a green bar will appear) and your application will be considered officially submitted.

If you need help during the procedure, feel free to contact the Bocconi fees, Funding & housing Office at funding@unibocconi.it.

Please, remember that the award letter informs you about the maximum amount you may be eligible to borrow in Direct Loan funds at Bocconi. Remember, You should borrow only what you need. You can borrow less than the maximum amount indicated in the award letter and can request more loan funds later if you need to, provided that your request comes to the office before the second disbursement.

If your application has been correctly submitted, Bocconi University will start originating your loan.

Please find a timeline that might help you understand when the first installment of your loan will be disbursed:

• The Fees, Funding and Housing Office shall consolidate all requests submitted within each calendar month.
• Should the Office identify errors or irregularities in the completion of the “US Direct Loans 2025–2026” Application, it shall notify the student through specific communications within the application itself.
• The initial disbursement will occur approximately 40 to 50 days after the submission of the "US Direct Loans 2025-2026" application. Please note that this process is automatic; once initiated, it cannot be postponed or anticipated in any way.
• The second disbursement will be made in accordance with the deadline specified in this document.

Generally, the loan shall cover one full academic year, and Bocconi University shall disburse the funds in two separate installments. The first disbursement shall be applied towards the tuition installments that fall due prior to the second loan disbursement being received. 

Should the student request an amount insufficient to cover all installments falling due between the first and the second disbursement, it shall remain the sole responsibility of the student to ensure timely payment of tuition fees. The existence of a loan does not in any way suspend or defer the obligation to meet tuition deadlines.

If, instead, any additional loan funds remain for each loan disbursement, they will be returned to you via bank transfer to a European bank account.

PLEASE NOTE

You must remain enrolled and inform the Fees, Funding and Housing Office of any changes to your enrollment status as this directly affects your loan entitlement. 

Each subsequent disbursement is also subject to maintaining Satisfactory Academic Progress (SAP).