Attendance costs

A student may borrow up to an amount equal to their Cost of Attendance (COA). The Cost of Attendance consists of three elements:

  • Tuition costs
  • Travel & VISA costs
  • Living costs

For the academic year 2019/20, the Cost of Attendance will be calculated at an exchange rate of 1.4 for all students.

You can opt for the amounts you wish to take within our guidelines by completing a Cost of Attendance sheet which will be emailed to you for completion

Stafford loan limits

The maximum Stafford Loans that you are allowed to borrow annually and over your academic career are set by the US government. The amount available depends on your degree level and whether or not you have been classed as dependant or independent on your FAFSA.

Stafford Loan Limits
Year of Study Annual Subsidised Annual Total Combined Loans
(Sub & Unsub)
Aggregate Subsidised Aggregate Combined Loans (Sub & Unsub)
Undergraduate Dependent Students
Year 1 $3500 $5500 $23000 $31000
Year 2 $4500 $6500 $23000 $31000
Year 3+ $5500 $7500 $23000 $31000
Undergraduate Independent Students
Year 1 $3500 $9500 $23000 $57000
Year 2 $4500 $10500 $23000 $57000
Year 3+ $5500 $12500 $23000 $57000
Graduates & Professional Students
All Years $0 $20500 $0

$57,500 for undergraduates—No more than $23,000 of this amount may be in subsidized loans.

$138,500 for graduate or professional students—No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.