How do I apply for a loan?
Please see our Loan Application Process pages for our application steps.
When should I apply for my loan and how long will it take to process?
You can apply for your loan from October 1st each year for the following academic year e.g. 1st October 2018 for the academic year 2019/20.
However, applications will need to be received a minimum of one calendar month before the next disbursement date to receive funds on that disbursement date. This applies to the first disbursement date as well as to any applications made throughout the year. The disbursement dates are normally the first week of October, end of January and the middle of April. Click here for the exact dates link to Disbursement of funds.
It is your responsibility to ensure that a complete loan application is submitted in a timely manner, as the timescale for processing will increase if individual queries need investigation first. We cannot guarantee that applications will be approved within the four week timescale if there are outstanding matters relating to the loan(s).
I have completed my FAFSA but I have not heard anything – what should I do?
There are several steps to completing a loan application after completing your FAFSA. As a foreign school, we are not notified when you complete your FAFSA and so therefore have to check periodically on the US systems. Remember, you must complete all of the steps on our Loan Application Process pages in order to notify us that you are applying for a loan. link to this from here
If I am attending Swansea University through a “Study Abroad” programme sponsored by my domestic school, do I apply for federal student aid through Swansea University?
No. Federal student aid for a short term, or a study abroad programme is processed by the student’s home institution in the U.S.
Swansea University is not authorised to certify student loans or deferments for U.S. study abroad students who only plan to attend for a semester or for a one year study abroad experience to earn credits that apply toward or transfer into a degree program in which the student is enrolled in the U.S.
I am a US Citizen who can access Federal Aid to fund my study in the UK, and I plan to apply for a degree programme at Swansea University that will include a study/work abroad year/semester. Will I be eligible for Federal Aid at Swansea University for the duration of my programme?
Students in receipt of/eligible for US Financial Aid can only go on Outbound Exchange to another institution that is eligible to administer US Financial Aid. As such if students are interested in going on an outbound exchange they must notify one of the Financial Aid administrators at Swansea University in advance of applying for the degree that includes this option so that they can identify the eligible institutions that students may attend.
Emai the loans administrator here: USloans@swansea.ac.uk
If you attend a study/work abroad year/semester at an institution abroad that is ineligible to administer Federal Aid or is in the US, then your whole degree programme becomes ineligible for Federal Aid funding.
Please note that students in receipt of US Financial Aid cannot go on an Outbound Exchange to the USA.
In terms of international work placements again students cannot return to the USA on their placement.
The regulations are as follows:
Under §600.52, a foreign institution may not permit students to enrol in any course offered by the foreign institution that takes place in the United States, including research, work, internship, externship, or special studies. Despite this prohibition, independent research done by an individual student in the United States for not more than one academic year is permissible if it is conducted during the dissertation phase of a doctoral program under the guidance of faculty and the research can only be performed in the United States. (Additional guidance on the Title IV program ineligibility of foreign institution programs offered in the U.S. can be found in Dear Colleague Letter GEN-11-18.) Under §600.54(c), an eligible foreign institution may not enter into an arrangement under which a Title IV-ineligible entity provides any portion of the eligible institution’s programs (except for affiliation agreements for the provision of clinical training for foreign medical, veterinary, and nursing schools).
How do I contact the US loan Administrators at Swansea University?
If you have not found the information you are looking for, please email USloans@swansea.ac.uk or call (+44) (0) 1792 602365 or (Monday to Friday, between 9am and 4pm, UK time)
Do Swansea University complete 1098T tax forms?
No, we do not currently complete 1098T tax forms for our students as we are not registered with the IRS.