U.S. students are entitled to borrow funds to cover a variety of costs related to studying in the U.K.
On the How to Apply section you will find a Cost of Attendance spreadsheet, which once completed, determines each student's loan request amount.
There are three types of Loans from the U.S. Department of Education available to students:
For more information on Dependent or Independent Student classification, visit this page Federal Student Aid Dependency Status.
The table below details the maximum amounts of Subsidized and Unsubsidized loans that students can borrow:
PLUS Loans are available to supplement Subsidized and Unsubsidized Loans for Undergraduate (dependent) and Postgraduate/PhD students.
A parent can obtain a Parent PLUS Loan on behalf of an Undergraduate (Dependent).
A postgraduate or PhD student can obtain a Graduate PLUS Loan.
PLUS Loans are dependent on the parent (Parent PLUS Loan) or postgraduate/PhD student successfully passing a credit check. If a postgraduate/PhD student isn’t eligible to receive a Graduate PLUS Loan due to adverse credit history, an Endorser can be used to guarantee their loan meaning the loan can still be borrow.
For more information, visit this page Federal Student Aid PLUS Loan.
The interest rates for the different loans can be found below. The Interest Rates are schedule to change in July 2019.
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