When you arrive
When you first arrive in York you'll need to provide us with some additional information so we can process your loan payments.
Your loan can't be paid until we've confirmed you have arrived at the University of York. Once we have confirmation which we'll receive from your department, we'll request your first loan instalment (disbursement) from the U.S. Department of Education. This will not arrive until approximately three weeks after the start of the academic year.
You must ensure you have enough money to cover your start-up costs and living expenses while you are waiting for your first disbursement.
So that we can make personal disbursement payments we need your bank details. Please complete the bank details form as soon as possible after the start of term.
Most students choose to open a UK bank account. If you provide us with details for an overseas bank account it will take longer for you to receive your personal disbursements. You will also face additional currency conversion costs.
A UK bank account will save you money in currency conversion costs.
Once you've provided us with these details we can request your first loan disbursement.