US federal student aid (Direct Loans)
How to apply for US federal student aid and range of courses that qualify for funding.
- The course you are planning to attend must lead to one of the qualifications below:
- Foundation degree
- Bachelor degree
- Masters degree
- Doctorate degree
We are unable to certify Federal Student Aid for the following:
- Further Education courses
- The Graduate Diploma in Law (GDL)
- PGCE courses
- Diploma or Certificate achieving courses
- Nursing or Paramedic courses
- Distance learning/correspondence programmes
- Programmes that require a compulsory period of study abroad or placement
Our Confetti and Mansfield sites are not eligible to certify Federal Direct Loans.
Additionally, as a foreign school we are unable to certify loans for any course in which a portion of the course involves spending time in the United States of America (this includes study, placement work or trips).
If you are studying on a course which is not eligible for Federal Student Aid, you may be eligible for private loans.
How to apply for US federal student aid (Direct Loans)
Step 1: Complete the Free Application for Federal Student Aid (FAFSA)
Complete your FAFSA application.
Ensure you list Nottingham Trent University (school code G30925) as a chosen school.
Applications for FAFSA will ordinarily open in October, the year before your course is due to start.
For example, if you are applying for a course in September 2021, FAFSA applications will open in October 2020
Step 2: We work out your cost of attendance (CoA)
We will begin processing FAFSA applications from Mayonwards, prior to the Academic Year you are due to start.
We will check your eligibility and determine the loan amounts you may be eligible for. Your CoA is based on the actual costs of your studies. These calculations are based on fixed-costs. We do not calculate a CoA based on individual expenses.
Cost of Attendance for 2020/21 will be calculated as follows:
- Tuition Fees – information on your tuition fees can be found in your offer letter or on our Tuition Fees webpage
- Living Costs – For undergraduate students this is based on 9 x months = £11,037 and for Postgraduate students, this is based on 12 x months = £14,716
- Flight Costs – 2 x return flights from USA to UK = £2,000
- IT equipment = £1,000
- Books and course materials =£600
- Loan origination fees
- Visa and NHS surcharge fees
- Childcare costs (during University contact hours) for students with child dependants
Costs relating to a disability or ongoing long term medical/health condition
Step 3: Apply for loan
Applications should be made via Federal Student Aid.
Step 4: Master Promissory Note (MPN) and Annual Student Loan Acknowledgement
Once you have received your CoA and decided that you would like to accept Financial Aid, you will need to complete a MPN online, confirming that you agree to the terms of your loan.
If you are intending to apply for the Grad Plus loan (or your parents will apply for a Parent Plus loan) you (or your parents) will also need to complete a separate MPN and credit check on the same website.
The MPN is the legally binding document. It outlines the terms and conditions of your loan. Ensure that you read it carefully and make understand your rights and responsibilities.
From 2021-22, all borrowers will also be required to complete an Annual Student Loan Acknowledge prior to receiving Financial Aid. This will be completed online through the Student Aid webpages.
Step 5: Entrance counselling
You will be asked to complete your online entrance counselling.
This step is to be completed before we can release your Financial Aid Award letter.
Step 6: Processing your loan
Your loan will be processed subject to all of the following:
- Your Cost of Attendance, which includes Tuition Fees and Living Cost allowances
- Deductions for the Estimated Family Contribution (EFC), as shown on your Student Aid Report (SAR)
- Deductions for any other Estimated Financial Assistance (EFA) you will be received (e.g. an International Scholarship, Sport Scholarship or external bursary)
- The annual and aggregate loan limits set by the United States government.
Your loan cannot be originated (certified) until you have:
- An unconditional offer to study at Nottingham Trent University, and accepted it.
- Completed a MPN for each loan (listing Nottingham Trent)
- Completed Entrance Counselling
- Confirmation of a valid credit check (for Grad Plus or Parent Plus loans)
Following confirmation that you wish to accept the loan, we will process your loan with the US Department of Education, and provide you with a letter confirming the details of your loan and payment dates.
Please note that it can take the University 10 working days to process the loan.
Step 7: Visa letter
We will provide you with an electronic letter confirming the details of your loan and payment dates, which you can use when making your Tier 4 visa application.
Information on applying for a student visa can be found on our Visa Information webpages.