If you are a student from the United States of America and are applying to study at City, key information about the availability and conditions of student loans can be crucial to supporting your studies.
City, University of London participates in the William D. Ford Federal Direct Loan Program (Direct Loans) which can provide funding to cover your tuition fees and living expenses, subject to approval by City.
Funds are available through Direct subsidized (undergraduates only), unsubsidized and plus loans. Please note that graduate students are not entitled to subsidized loans.
Further general information is available on the Federal Student Aid website, including details of interest rates and terms.
How to apply
Follow these four steps:
- Complete your Free Application for Federal Student Aid (FAFSA)
- Complete the Entrance Counselling session, Master Promissory Notes for the subsidized/unsubsidized and Graduate/Parent Plus Loan, Credit Check
- Download and complete the City Cost of Attendance calculator; you will need your City student application number and your course tuition fee rate
- Complete the City US Student Loan Application form online. For this you will need the following:
- Your City student application number
- A copy of your Master Promissory Note for each loan you wish to request
- A screenshot of your Entrance Counselling session for each loan you wish to request
- Documentation of the result of your Credit Check for the Grad Plus Loan
- A copy of your Cost of Attendance Calculator
- The value of the loans you wish to take out (this cannot exceed the Cost of Attendance)
- Your course tuition fee rate.
US student loan applications will be processed from 1st June.
Eligibility
Eligible students will be issued with a Proof of Direct Loans Letter which can be used as evidence of student loans when applying for a UK student visa.
Students cannot apply for a UK student visa no more than three months before the start of their course. City offers further guidance on applying for student visas.
Not all City courses are eligible for Direct Loans; these include, but is not limited to, non-degree programmes, distance learning programmes, programmes which are less than 50% of the full-time equivalent, programmes offered at non-City sites and courses based in the City Division of Nursing.
Students on any programme based in the U.S, any unit of a programme based in the U.S, on study leave based in the U.S, are not eligible for Direct Loans. This is non-negotiable and is a regulation set by the U.S Department of Education.
Only the following non-degree courses are eligible for Direct Loans:
- Bar Vocational Studies (though students opting for the two-part option should note Part One is online and Part Two is in-class; in that case only Part Two is eligible for a Direct Loan)
- Legal Practice Course
- Graduate Diploma in Law and Speech
- Language Therapy Postgraduate Diploma.
Gainful Employment statistics of City's courses can be found on our course pages.