The University of South Wales is certified to originate Direct Loans for full time Bachelor or Graduate degrees only.
We are not certified to originate loans for Nursing courses, HND/HNC or Foundation Degrees. Distance learning courses are not eligible for Federal Student Aid. Programs that do not qualify for Federal Student Aid may still qualify for Private Student loans.
Students studying at foreign schools are NOT eligible for Pell Grants.
The School Code for the University is: G35473
We aim to process all applications within 10 working days of receiving a fully complete application; therefore it is in your best interest to apply early.
The Direct Loan is available to students in any year.
The Plus Loan is only available to the parent of a Bachelors student (subject to a credit check), or to Graduate students. The actual loan amount you are eligible to receive for an academic year is determined by your school and may be less than the maximum annual amounts.
Please note there will be a fee for originating a loan.
The only private loan currently available to students at foreign schools is the Sallie Mae Student Loan. To apply for a private loan, you must apply directly to the lender and then send a copy of your e-signed Promissory Note to the US Loans Administration Team.
Please note that Direct Loans maybe more favourable than private loans. It is the student’s responsibility to explore all options available to them before making a decision.
You MUST complete ALL of the following steps to successfully apply for
You will need to send ALL of the above information to US Loans Administration Team, if we do not receive this information we CANNOT process your application.
We DO NOT automatically receive this information because the University of South Wales is a Foreign School.
We aim to process all applications within 10 working days of receipt; therefore we would advise that you apply early.
Submit all of the above information to the US Loans Administration Team at the University of South Wales.
Once we have received ALL of the above information we will be able to calculate your Cost of Attendance and confirm how much loan you would be entitled to receive
You will then be issued a Loan Notification letter detailing the dates and amounts of loan that will be disbursed throughout the academic year. This letter is suitable for visa purposes and you should check the details carefully. Please remember that whatever the amount of loan you borrow you must pay it back with interest. You have the right to decline the loan or to request a lower loan amount.
The disbursement dates for the 18.19 academic year for both undergraduate and postgraduate students are:
Once you have enrolled at the University of South Wales , from each disbursement (after it has been exchanged into £ GBP) we will deduct an amount towards tuition, accommodation (if you are in University accommodation) and any other charges incurred, and the remainder will be forwarded to you. You will need to open a UK bank account to avoid having to pay two foreign exchange charges.
You will receive an email notification approximately 14 days prior to the disbursement, in line with Federal regulations concerning your right to cancel. Once the disbursement has been made and we have deducted your fees, you will receive a further confirmation of any refund that will be deposited into your bank account.
Please note that it can take up to 14 days after the disbursement date for you to receive your refund. For example, for a disbursement date of 12th October any refund will be paid to you by 26th October
After the completion of your course, the US Loans Administration Team will email each student graduating or withdrawing from a course who is in receipt of Direct Loans a reminder to carry out Exit Counselling. This is a session that you can complete online at the National Student Loan Data System website.
The information you reported on your FAFSA is used to determine your Expected Family Contribution (EFC), which is calculated by a formula established by law. The US Loans Administration Team will take your cost of attendance and subtract your EFC plus any aid from other sources, for example a scholarship.
is your remaining financial need:
Cost of Attendance:
- Estimated Financial Assistance (EFA)
= Remaining Financial Need
Please note that you are not able to borrow more than your total estimated cost of attendance.
We will take the following in to consideration for calculating your costs of attendance:
your tuition fees
accommodation and living costs of an average student
the cost of books, supplies, transportation, loan fees, and miscellaneous expenses relevant to your course
an allowance for dependent care (if applicable)
costs related to a disability (please email the US Loans Administration Team if you have costs related to a disability)
2 return flights back to the USA
Costs unrelated to the completion of a student's course of study are not included in calculating a cost of attendance.
The University uses a standardized exchange rate to avoid fluctuations. The U.S. Department of Education states that students attending foreign (those outside of the United States) schools will have to tolerate such fluctuations. The exchange rate that we have set for the 18.19 academic year is £1 =$1.45
The maximum amount of subsidized and unsubsidized loans is as follows:
Dependent undergraduates (students aged 24 and under)
Year of course Subsidized loan Unsubsidized loan Total loan maximum
1 $3,500 $2,000 $5,500
2 $4,500 $2,000 $6,500
3 and later $5,500 $2,000 $7,500
Independent undergraduates (students aged over 24 or those whose parents are refused a Parent Plus Loan)
Year of course Subsidized loan Unsubsidized loan Total loan maximum
1 $3,500 $6,000 $9,500
2 $4,500 $6,000 $10,500
3 and later $5,500 $7,000 $12,500
All years Unsubsidized maximum of $20,500
The actual loan amount you are eligible to receive for an academic year is determined by your cost of attendance. This is determined by your school and may be less than the maximum annual amount shown above. With a Direct PLUS Loan, a graduate/professional student can borrow up to the cost of the student's attendance minus any other financial aid the student receives, including the amount above.
Aggregate loan limits
Below are the aggregate (total) limits for Direct Subsidized and Unsubsidized Loans:
$31,000 for dependent undergraduate students excluding those whose parents are unable to borrow a PLUS Loan (no more than $23,000 may be subsidized)
$57,500 for independent undergraduate students and dependent undergraduates whose parents are unable to borrow a PLUS loan (no more than $23,000 may be subsidized)
$138,500 for graduate or professional students (no more than $65,500 may be subsidized; includes loans for undergraduate study)
There is no limit for PLUS loans.
These aggregate limits include both Direct Subsidized and Unsubsidized Loans and any Subsidized and Unsubsidized Federal Stafford Loans previously received through the Federal Family Education Loan (FFEL) Program. You cannot borrow over your aggregate loan limit.
It is the requirement of the U.S. Department of Education that Schools must provide a notice of the availability of all consumer information. To meet this requirement, the US Loans Administration Team has listed the consumer disclosure information required by the U.S. Department of Education and information on each topic area below.
1. Schools must make available, to current and prospective students, information on how and where to contact staff who can assist students in obtaining institutional and financial aid information.
2. Regarding Student Federal Aid information: Schools must make available to students information about:
All financial student assistance programs available to students who enroll at the school
Terms and conditions of Title IV, HEA loans
Criteria for selecting recipients and for determining award amount
Eligibility requirements and procedures for applying aid
Methods and frequency of disbursements of aid
Rights and responsibilities of students receiving Title IV assistance
Loan terms including sample repayment schedule and necessity for repaying loan
Statement about enrolling in study abroad and its impact on applying for financial aid
Exit Counselling information the school provides and collect
Student Loan information published by US Department of Education
Terms and conditions under which students receive Federal Direct Loan
Transfer of credit policies
Notice to borrowers that loan information will be provided to NSLDS
For this information, prospective students should
visit Money, and
continuing students should visit Unilife.
3. Schools must make available information about the cost of attending the school including: Tuition Fees, Books and supplies, room and board, transportation and annual costs.
Students can find information on all of the above by searching the University of South Wales website
4. Schools must make available information about:
Any refund policies applicable to the school
Requirements and procedures for official withdrawing from the school
Summary of R2T4 requirements
5. Schools must also make available information about:
Academic programs at the institution
Names of accrediting agencies and governmental bodies that approve, accredit or license the school
This information can be found on our website.
6. Annual notice to enrolled students:
Right to review educational records
Procedures for reviewing records
Information regarding disclosure of “directory” information
Information required to be disclosed under Family Educational Rights and Privacy Act (FERPA) – See 34 C.F.R Part 99
Students have the right to review their educational records. Details on how to do this can be viewed in our Directory.
7. Schools must make available information about:
Institutional policies regarding vaccines
Services and facilities for students with disabilities, including intellectual disabilities
The UK Government website contain important information on medical requirements prior to entering the UK.
Our Disability and Dyslexia pages contain important information for students with disabilities, including intellectual disabilities.
8. Retention rates:
Schools must report retention rates of certificate or degree-seeking, first-time full-time undergraduates entering the institution.
Higher Education Statistics Agency (HESA) is the official agency for the collection, analysis and dissemination of quantitative information about higher education. Table 5 on the HESA website gives the percentage of full time undergraduate degree starters projected to achieve their degree.
9. Placement rates - required disclosures:
Placement and types of employment obtained by graduates of the institutions degree or certificate programs
Include any placement rates calculated by institution
Identify source of information provided, including timeframes and methodology
This information is available upon request by emailing the US Loans Administration Team at firstname.lastname@example.org Please ensure that you include in your email the name of the faculty that you would like to obtain this information from and allow 7-10 working days for a response.
10. Title IV Loan Code of Conduct required for all schools participating in FDL:
Must publish code of conduct prominently on institution’s website
Must administer and enforce such code
Must require that all of the institution’s officers, employees and agents with responsibilities with respect to such loans be annually informed of the provisions of the code of conduct. See 601.21 for requirements
Please see our code of conduct for information on the above.
11. Private Education Loans Disclosures:
Must be distinct from information related to Title IV loans.
Disclosures must include:
Any information required under Truth In Lending Act (TILA)
Notice that may qualify for loans or other assistance under Title IV
Notice that terms/conditions of Title IV loans maybe more favourable than private education loans
12. An institution must provide, upon request of borrower, the required information:
Cost of Attendance
Estimated Financial Assistance
Difference between COA and EFA
A preferred Lender arrangement
Once the US Loans Administration Team has calculated an applicant’s entitlement to funding, we will normally email the applicant with details of the funds that they can apply for and how it was calculated. If you have any queries, please email email@example.com.
13. Textbook information disclosure:
Provisions are established by law and the Secretary has no regulatory authority. For each course listed in the school’s online course schedule, schools must disclose:
International Standard Book Number
Retail price for each textbook
Indication that required information is unavailable if it is yet to be determined with designation “to be determined”
Include a notice on written course schedule that textbook information is on the internet course schedule and include web address
Textbook information for college bookstores
Schools must provide to college bookstore operated by or in contractual relationship or otherwise affiliated with school the course schedule for the subsequent academic period.
For each course/class for the following academic period:
The ISBN and price for material for the class
The number of students enrolled
The maximum student’s enrolment
Each Faculty issues lists of recommended reading to students enrolled on their courses and liaises with the on-campus bookstore with their requirements.
14. Peer-to Peer File Sharing and Copyrighted materials
PPA now requires that schools have developed and implemented written plans to effectively combat unauthorised distribution of copyrighted materials including peer-to-peer file sharing. It applies to all users of institution’s network without interfering with educational and research use of network. The written plan must include:
1+ technology-based deterrents
Mechanisms for education of community
Institutional policies and sanctions for violations
Procedures for handling violations - including disciplinary action
Procedures to periodically review effectiveness of the plan
No particular technology measures required
Peer-to-Peer New Disclosures - Schools must disclose to students:
Explicit statement that unauthorised distribution of copyrighted material may subject to civil and criminal liabilities
Description of the institution’s policies on unauthorised peer-to-peer file sharing, including disciplinary actions
Summary of penalties for violation of federal copyright laws
Peer-to-Peer File sharing and copyrighted materials:
Institution must, in consultation with chief technology officer, or other designated officer of institution:
Review legal alternatives for downloading or otherwise acquiring copyrighted materials
Make available results of the review to students
To extent practicable, offer legal alternatives for downloading or acquiring copyrighted materials
For all of the above, please see our Academic Integrity Regulations pages
15. Fire Safety - Required of institutions that maintain an on-campus student housing facility:
Annual fire safety report
i. Fire statistics
Requires statistics for each on-campus student housing facility:
Number and cause of each fire
Number of persons with injuries related to a fire that resulted in treatment at a medical facility
Number of deaths related to a fire
Value of property damage
Must cover the 3 most recent calendar years
Must be reported annually to the Department in Fire Safety report
ii. Annual fire safety report
Report must include:
Description of each on-campus student housing facility fire safety system
Number of fire drills held during the previous calendar year
Policies or rules on portable electrical appliances, smoking and open flames in a student housing facility
Procedures for student housing evacuation
Policies for fire safety education and training programs for students, faculty and staff
A list of the titles of each person or organisation to which individuals should report that a fire has occurred
Plans for future improvements in fire safety, if determined necessary by the institution
iii. Fire log
Must be written and easily understood
Must include all fires in on-campus student housing facilities
Nature, date, time and location of each fire
Fires recorded by date reported
Entries must be made within 2 business days of receipt of the information
The University of South Wales Accommodation Department works within the UK codes of practice legislation regarding halls of residence and are in compliance with all aspects of the codes including fire safety. Please see our Fire Safety and Emergency procedures. For more information on Fire safety please contact the US Loans Administration Team.
16. Missing Student Notification:
Required of institutions that maintain an on-campus student housing facility.
Must have a policy regarding missing student notification procedures for students who reside in on-campus student housing facilities
Titles of persons or organisations to which individuals should report that a student has been missing for 24 hours
Requires that any missing student reports be immediately referred to campus police or local law enforcement
Option for each student to identify a contact to be notified within 24 hours of determination by local law enforcement that student is missing
Required actions, within 24 hours of the determination that the student is missing:
Immediate referral of missing student report to authorities
Notification of their parent or guardian, for students under 18 who are not emancipated
Initiation of emergency contact procedures
The Accommodation Department abides by the University’s missing students protocol. The Resident Tutor Team and Duty Staff are however most likely to be the first point of contact should student residents have concerns about another residents whereabouts. The Accommodation Team collects information from students regarding their chosen Emergency contact person as part of their contract.
17. Drug and Alcohol Abuse prevention and drug related offences:
HEOA added requirement that as part of biennial review of prevention program effectiveness schools:
Determine number of drug and alcohol violations and fatalities that occur on campus and are reported to campus officials
Determine number and type of sanctions imposed as result of these violations and fatalities
At enrolment, schools must provide student with separate notice regarding penalty for federal or state convictions of drug-related offenses while receiving Title IV assistance
If a student loses eligibility for this reason, school must notify student of loss of eligibility and ways to regain eligibility
Residents in halls who are caught using/dealing with drugs will be excluded as stipulated in the disciplinary procedure.
The University of South Wales Student Services Department also has a reporting system where incidents are recorded along with the action taken.
18. Special Populations:
There are additional disclosure and reporting requirements for:
Co-educational schools that have intercollegiate athletic programs (schools that offer athletically-related student aid)
Gainful employment programs
The ‘Special Populations’ requirement does not apply to the University of South Wales as we do not offer athletically-related Federal Student Aid and we do not offer gainful employment programs.
More information on student regulations and procedures.