Step 1. Complete a Free Application for Federal Student Aid (FAFSA) on the FAFSA website. Once completed you will receive a Student Aid Report (SAR). Your FAFSA determines whether you meet many of the conditions for taking out Federal Student Loans and calculates your Expected Family Contribution (EFC), which is used to assess how much you can borrow. A new FAFSA needs to be completed each academic year. When completing your FAFSA please be sure to list Arts University Bournemouth (School code G35894) as one your selected schools, otherwise we will not receive your details.
Step 2. Complete a Master Promissory Note (MPN) at studentloans.gov for the loans you wish to take out and list AUB as your chosen School. You will need to complete a MPN for each Strafford and PLUS Loan you wish to borrow. By completing a Master Promissory Note you formally agree to the terms and condition of the loan.
Step 3. Complete Entrance Counselling at studentloans.gov. All students must complete entrance counselling sessions for each separate loan e.g. Strafford and PLUS Loans. This only needs to be done once and not each academic year you apply.
Step 4. Please contact Student Advice on email@example.com confirming you have completed the above three steps and attach a copy of your SAR.
We receive the information that you provide to the US Department of Education. We then use this to calculate your cost of attendance, which determines how much you can borrow, and will then contact you to confirm the amount you wish to borrow.
Notification of Student Loan for Academic Year 2015/16 Letter
You can use your Direct Loans to support your application for a UK Tier 4 (General) visa. AUB will write to you to confirm completion of the loan application and provides you with a Notification of Student Loan for Academic Year 2015/16 letter that you can submit with your visa application.
Satisfactory Academic Progress
To continue to receive US Federal Aid, students must maintain Satisfactory Academic Progress. Satisfactory progress is defined as follows: Maintaining a minimum average of 40% in all units undertaken, achieve 120 credits at the appropriate level of study within an academic year and be in attendance at all points of contact as defined in AUB Policy of Attendance.
This page is designed to give you an overview of the US Federal Loans application process at AUB. Please visit the US Federal Loans website for further information on the application process, borrowing limits, repayment details, deferments, cancellations and interest rates.
Graduate students and parents of undergraduate students may be able to borrow additional funding through PLUS Loans. Please use the following links for more information;
Please note that AUB accepts no responsibility whatsoever for the repayment of your loan. It is your responsibility to repay the loan.
For further information on the process please contact firstname.lastname@example.org.