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Information for the 2020/21 Academic Year: For most BA's and some 9 month courses there will be 3 disbursements (one at the beginning of each term). For the remaining BA's and 9 month courses and all other courses that are 10, 11, 12 months and PhD's there will be two disbursements one at the begining of the first term and the second after the mid-point of the course (for the 2020/21 academic year). The dates will be in the ‘Notification of Student Loan’ letter which will be attached to the e-mail sent to you once your federal loan(s) have been processed and completed by our office.

The actual amount in GBP £ you receive will vary as it’s dependent upon the exchange rate from USD $ to GBP £ at the time of disbursement.

The funds will be divided into equal instalments and wired to your college. Please inform your college that you'll be taking federal loans and discuss with them (before the beginning of the academic year) the amount to be taken in fees etc. and returned to you for maintenance (living expenses) from each instalment.

In case the issuing of federal loan funds from the US is delayed for any reason please ensure you have sufficient funds to tide you over for a couple of weeks at the beginning of your course.