US Direct Loans for undergraduates
The University of York has approval from the US Department of Education for the origination and disbursal of William D. Ford Federal Direct Loans (Direct Loans).
School Code: G06700/00670000
Applications open: 21 May 2018
The information on these pages is for undergraduate students. If you're applying to a postgraduate course, please see our information for postgraduate students.
Applying for a Direct Loan
- Read all of the information on these pages
- Submit your online application and accompanying documents after 21 May
- Await your Confirmation of US Direct Loan letter
Applying for a visa
We don't recommend applying for your visa before applying for your loan, as you may need to provide your loan confirmation as evidence of funding.
Who is eligible?
To be eligible for a Direct Loan to study with us you must:
- be a US Citizen
- be physically present at the University of York for your studies
- be continuously enrolled at least half-time at the University of York
- make satisfactory academic progress during your course: SAP Policy (PDF , 231kb)
Courses ineligible for Direct Loans
We are not able to offer Direct loans for the following courses:
- courses which are less than half-time
- courses which are not degree-bearing
- courses at the Hull York Medical School (HYMS)
- courses in nursing or midwifery
- online courses
- distance-learning courses
If your course is ineligible for Direct Loans, you may be able to take out a private loan.
Studying or working outside the UK
Periods of study or work placements outside the UK may adversely affect your loan eligibility for the time you are away, even if you have academic approval. You must contact Student Financial Support if this applies to you.
Studying in the USA
Periods of study in the USA during your course will adversely affect your loan eligibility for your entire course, even if you have academic approval. You must contact Student Financial Support if you intend to return to the USA for any period of study.
We are not able to recommend any one lender over another or advise on the suitability of any loan product. It is your responsibility to carefully research the terms and conditions (including repayment obligations, interest rates, deferral options, etc) and consider the implications on your specific circumstances before proceeding with any loan.
Students enrolling on undergraduate courses can be considered for:
- A small subsidised loan awarded to students based on financial need. The US Government subsidises the interest on these loans. The amount of subsidised loan that you are eligible for depends on:
- your Estimated Family Contribution (EFC)*;
- any existing loan amounts.
- A small unsubsidised loan not based on financial need. The interest rate is reviewed annually. The amount available will depend on:
- any existing loan amounts;
- whether you are classed as a dependent or independent student.
- A Parent Plus Loan from Direct Loans to cover the remainder of the Costs of Attendance. This is subject to a credit check.
*Please note that your family do not have to provide you with the EFC amount. It is simply used to determine how much subsidised loan you are entitled to receive.
If Direct Loans are not available, or don't fully cover your costs of attendance, you may be able to apply for a private loan.
The Federal Student Aid website has detailed information on borrowing under the Direct Loans programme.
You can borrow up to your Cost of Attendance. We calculate this based on your estimated living, study and travel expenses, plus one year's tuition fees.
These figures are provided as an indication of the maximum amount available. Your Cost of Attendance will vary based on a number of factors:
- The tuition fees for your course;
- Which year of your course you will be studying;
- The total length of your course;
- Previous loans;
- Whether you are in receipt of any other financial aid (eg sponsorship, scholarships or bursaries).
Undergraduate fixed Cost of Attendance
|Course duration||Year of study||Cost of Attendance|
|3 years||1st||£14,964 + tuition|
|4 years +||1st||£15,114 + tuition|
|3 years +||2nd +||£12,549 + tuition|
These amounts do not include Origination fees of 1.069% on unsubsidised loans and 4.276% on plus loans. These are deducted by the US Department of Education before loans are paid out. (These are the fees for 2017/18 as 18/19 fees are not available as yet)
The Costs of Attendance quoted above are for students studying full time. If you intend to study part time please contact Student Financial Support for further information.
Borrowing more than the fixed Cost of Attendance
In specific circumstances, you may be able to borrow more than the fixed Cost of Attendance. For example, you could have childcare costs for dependent children, or you may need to travel to undertake research.
To apply for additional funds, make a written request to Student Financial Support. You should explain your circumstances and include evidence of additional costs if available. Where possible, you should make this request at the same time as you apply for your loan for the academic year.
Your Cost of Attendance is calculated to cover your tuition fees, plus living costs including:
- accommodation (on campus) and college fees
- insurance for your possessions
- food, toiletries and laundry
- Course-related costs (eg field trips, textbooks, printing)
- social and sporting activities
- mobile phone and TV licence
- travel to and from the UK and travel whilst at university
- visa costs and NHS Surcharge (first year only)
- a computer and printer (first year only)
How we calculate your living costs
|Expenditure||Weekly cost||Annual cost (40 weeks)|
|Course related costs1||£475.00|
|Premium ensuite campus accommodation6||£153.00||£6,120.00|
|Travel to study (within York)7||£10.00||£400.00|
|Visa costs, inc. flight to interview and NHS surcharge (first years only)8||£1,525.00
|2x return flights to UK||£1,700.00|
|PC and Printer (First Years only)9||£890.00|
|Total Cost of Attendance
not including tuition fees10
|Exchange rate11 @ 1.55||$17,229.00
- Course costs can vary and include such items as text books, photocopying, equipment and field trips. Your academic department may be able to provide a more accurate estimate relating to your specific course. Costs for students with placements may differ substantially, particularly due to travel costs.
- It may be helpful for you to check whether you are covered by your parent's household insurance before taking out insurance of your own. If you live in University accommodation, you will be covered by our contents insurance policy.
- Includes the cost of detergent.
- Social costs are indicative only. The actual amount spent on social activities can vary widely in accordance with your lifestyle choices. See sample social costs.
- You will need a TV license if you watch television (whether through a television or on a computer/laptop) in your accommodation (even if living on campus). Further information about TV licensing for students can be found on the TV Licensing website.
- For the purposes of the Cost of Attendance we have included the cost for a premium ensuite room in University on campus accommodation. The actual cost of your accommodation will depend on your choice, the availability of rooms and whether you choose to live on campus or in private accommodation. These differences can be reflected in the amount you choose to borrow.
We have many different room types and facilities and full details of the full range of rooms and facilities are available on the Accommodation Services webpages. We are not able to advise on choice or costs of accommodation, either on campus or private sector. You should seek assistance from the Accommodation Office if advice is needed. There is also help with accommodation and specific advice for international students available if needed.
In private accommodation, it is frequently necessary for students (particularly international students and students with families) to pay rent in advance (up to 6 months in advance on occasion), as well as needing to provide a deposit of at least one month's rent on signing the tenancy agreement. It may also be necessary to arrange a UK Rent Guarantor and doing so may reduce the requirement for payment of rent up front.
- These are the estimated weekly costs of a discounted 10 week student bus pass, further details of which can be found on the First York website. If you are living away from York, the costs for travel will be higher. Cost of travel between campuses is free, but this does not include travel for students studying at Kings Manor (for undergraduates, this is primarily Archaeology students). Unibus and First York offer discounted yearly or termly student bus passes.
- This amount is only included in Cost of Attendance calculations for the first year of your course. £530 is provided for visa costs, plus the cost of any flights required to attend interviews. NHS Surcharges vary depending on the length of your course: £225 for 1 year courses, £375 for 2 year courses, £525 for 3 year courses, £675 for four year courses and PhD courses, which include a writing up year. More information about the NHS surcharge.
- This amount is only included in Cost of Attendance calculations for the first year of your course.
- Your cost of attendance includes your actual tuition fees for your programme of study for the relevant year. Please note that the cost of non-standard fees may be more or less than indicated here. Details of this can be found on the specific Undergraduate and Postgraduate fees pages.
- We take the exchange rate once a year and apply it to all Cost of Attendance calculations. We don't revise our calculations throughout the academic year to account for small fluctuations in the exchange rate. This may work to your advantage or disadvantage.
You will need to make a separate application for each academic year that you need a loan. Applications for each academic year usually open in May.
If you wish to apply for a loan for the current academic year, please contact Student Financial Support.
If you want to make changes to an existing loan see managing your loans.
Deferring repayment of existing loans
If you apply for a Federal Loan to fund your studies then repayments on existing loans will be deferred automatically while you're at the University of York.
If you are remaining in education but not applying for a new loan you can still defer your payments. You'll just need to ask us to report your enrolment: email email@example.com. We will need your Social Security number and date of birth.
If your lender is not registered with the National Student Loan Data System they will need to send us confirmation of this before we can process your deferral.