How much can I borrow?
The maximum amount the University can certify as loans, including both Federal Direct loans and private loans, is the full Cost of Attendance minus any other aid, however, you decide how much you want to borrow up to the maximum amount available under each loan type, as shown on your Cost of Attendance.
Do I have to reapply for loans for each year of my course?
If your course is for more than one academic year or you decide to take another course you will need to complete the application procedures again for any further loans for the next academic year. You will need to complete a FAFSA application and new MPN. Your MPN is only valid for one year if you are attending a school outside the USA.
How long will it be until I receive my loan funds?
Loans are disbursed in equal instalments at the beginning of each payment period. Funds are drawn down by the University in dollars and then converted into pound sterling (GBP). The amount required for tuition fees for the payment period is automatically deducted and the credit balance of loan funds is transferred directly into the student's bank account for living costs. Accommodation fees are not deducted from your loan amounts and students should pay for accommodation directly.
Please note because of currency conversion the disbursement process may take 7-10 working days before amounts for living costs are available. You should therefore ensure you bring enough money with you when you first arrive to cover your expenses for this period - we would recommend around £400-500.
What if I change my mind and no longer wish to take out a Federal loan?
After the first disbursement of your loan has been made, your loan will be assigned to a loan servicer and you will be provided with the servicer’s name, address and contact information. Your servicer will service, answer questions about, and process payments on your loan after you enter repayment.
As the University requires written confirmation from you of the types and amounts of loans you want to receive you may notify us if you want to cancel all or part of the loan within 14 days from the date of the Right to Cancel email notification or by the first day of the school's payment period, whichever is later.
If you ask the school to cancel all or part of your loan(s) outside the timeframe described above, the school may process your cancellation request, but it is not required to do so.
Within 120 days of the date the school disburses your loan money you may return all or part of your loan(s). Contact your loan servicer for guidance on how and where to return your loan money. You do not have to pay interest or the loan fee on the part of your loan that is cancelled or returned within the timeframes described above.
Is applying for loans for study at a 'foreign school' different to applying for loans in the US?
Some processes are slightly different. You should complete the Free Application for Federal Student Aid (FAFSA) and list the 海角黑料 as one of your choices using our School Code G08920. Once you have completed your FAFSA, we will email you with further guidance regarding the next steps.
How do I ensure my enrolment status is reported to the US Department of Education?
We will confirm your attendance online through the National Student Loan Data System as required by Federal regulations.
What is the 海角黑料's FAFSA School Code?
The 海角黑料's School Code which should be included in your FAFSA application is G08920.
When do I repay my loans?
In most cases, you will have 6 months from the time you graduate or leave school before you have to begin making federal student loan payments. This is called your grace period. You should use this time period to explore the and prepare for repayment. Beware of student loan scams. The government and your servicer will never charge application or maintenance fees. Contact your for free assistance.
When can I file my FAFSA?
FAFSA is available from 1 October.
Where can I find further information regarding the One Big Beautiful Bill Act?
Please see for further information and student borrower scenarios.
Can I still borrow a Graduate Plus loan?
Please see for further information and student borrower scenarios. In summary, students meeting the criteria below may apply for a Graduate Plus loan:
For students who are enrolled in a course of study at a school and have received a loan (or a parent borrowed a loan on the student’s behalf) as of 30 June 2026, for the applicable course of study, the new provisions will not apply for the lesser of:
- Three academic years or
- The difference between the total published length of the course the borrower is enrolled in and the period of the course the borrower has already completed
What is a professional degree?
The term “professional degree” is defined as a degree that signifies:
- completion of the academic requirements for beginning practice in a given profession and
- a level of professional skill beyond that normally required for a bachelor's degree.
A professional degree is generally at the doctoral level and requires at least six academic years of postsecondary education to complete, including at least two years of post-baccalaureate coursework, as well as generally requiring professional licensure to begin practice in the intended field.
Who is eligible for interim exceptions to new loan provisions?
Please see for further information and student borrower scenarios. In summary:
For students who are enrolled in a course of study at a school and have received a loan (or a parent borrowed a loan on the student’s behalf) as of 30 June 2026, for the applicable course of study, the new provisions will not apply for the lesser of:
- Three academic years or
- The difference between the total published length of the course the borrower is enrolled in and the period of the course the borrower has already completed