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How to apply for your loans

Applying for your loan

Step 1

Once you have received an offer from the University, to apply for financial aid, you must complete a Free Application for Federal Student Aid (FAFSA). You can apply online. You will need to make sure that your web browser is compatible.

Please note that Warwick University is not involved in the FAFSA process. If you have any queries regarding FAFSA you should look at the FSA online help - Completing the FAFSA Form

One of the final steps in completing the FAFSA is supplying the University of Warwick’s US Dept of Education federal university / school code. The University of Warwick’s school code is G08380.


Step 2

In order to receive either Direct or PLUS loans you have to complete an online electronic Master Promissory Note (eMPN).

Where a parent is borrowing on behalf of an undergraduate student, the parent must complete the form including their own details. For Grad PLUS loans the student is the borrower, the student must fill in the form.


Step 3

Complete Pre-Loan (Entrance) Counselling. The University requires all students to complete loan counselling at the appropriate level (undergraduate or postgraduate) prior to the initial certification of any US Federal loan funds.

Before the University disburses your first loan cheque you will be counselled on your obligations, rights and options under the terms of your loan. The University will only release your first loan payment once we have received notification that you have undertaken entrance counselling.


Step 4

The University of Warwick will receive your Institutional Student Information Record (ISIR) in an electronic format. The ISIR details eligibility and calculates the Expected Family Contribution (EFC).

Please note that it is your responsibility to ensure that your loan is approved in good time to meet the University’s payment deadlines.

Once the University has your ISIR the Student Finance team will calculate your Cost of Attendance (CoA). This calculation informs your maximum borrowing amounts. The University will ask you to confirm the amount(s) you wish to borrow.


Step 5

Once we have received all the necessary documents - including your entrance counselling, eMPN and your confirmation of your borrowing requirement - the University will be in a position to originate your loan.

The University will send you a confirmation letter once the loan has been originated. Your letter will detail how and when your loan will be disbursed. This letter is in a format agreed with the UKBA and should be used as evidence of funds when applying for your UK visa.

When leaving the University

A final step before you leave University or graduate is to complete an exit counselling interview. You will be counselled on your obligations, rights and options under the terms of your loan. This session will cover repayment options, deferments and other important information you may need during your repayment term. During this session you will need to provide the following information:

  • Name and address of closest living relative
  • Two references (not the same as closest living relative) and with different addresses

The University will only release your final loan payment once we have received notification that you have undertaken exit counselling.