US loans

Find out more information about Federal Aid for American students.

The University of Surrey participates in the William D. Ford Federal Direct Loan Program (Federal Direct Loans) and administers private student loans via Sallie Mae. These provide funding to Students from the USA to cover tuition fees and living expenses, subject to approval by the Fees and Funding Team.

US government loans

Available loans


(undergraduate students only)

Fixed max value, No interest charged while in school

Origination fee 1.057% deducted at disbursement


Fixed max value, Interest charged while in school

Origination fee 1.057% deducted at disbursement


Max value set by School (Cost of Attendance), Interest charged while in school.

Origination fee 4.228% deducted at disbursement

Origination fee

The origination fee is a charge made by the US Department of Education (USDE) to cover the administrative charges related to your loan. For information on origination fees charged by the USDE please see Student Aid.

Please note: the loan origination fee is subject to change by the USDE.

The University of Surrey does not charge any loan fees. The USDE funds received by the University are converted into the equivalent GBP according to the daily exchange rate. Fluctuations in exchange rates cannot be used to increase the Cost of Attendance.

Interest rates

Please visit the Federal Student Aid website for details on current interest rates for direct loans.


Students on any program based in the US, any unit of a program based in the US, on study leave based in the US, are not eligible for Direct Loans. This is non-negotiable and is a regulation set by the US Department of Education not the University of Surrey.

Not all University of Surrey programmes are eligible for US Loans e.g. diploma courses, courses funded by the National Health Service (NHS), courses in Veterinary Medicine and students studying their course through distance learning. In addition students undertaking a study-abroad or work placement year for any programme type would not be eligible for US Federal Aid on their placement year.

How to apply

Before you make your application, please ensure you have done the following:

Consumer Disclosures

Please see the document Consumer Disclosures for Students in receipt of Federal Student Aid (PDF) regarding important Federal Aid information and regulations, as well as University practice and policy.

Study Abroad Information

As a student on a Direct Loan program, you must refrain from undertaking study abroad in the US or at any university, which does not hold the Title IV stipulation. List of ineligible study abroad programs (PDF) (May 2021).

Other sources of funding

Important details

  • Direct lending code: G09860
  • School OPE ID: 00986 000


Fees and Funding team

International Student Advice

US Department of Education

  • 1-800-557-7394
  • 1-800-4-FED-AID (800 433-3243)
  • Website