The Loan Process-Queen's University
If you would like to apply for US Federal Loans then you must firstly establish your eligibility by filling out the Free Application for Federal Student Aid (FAFSA). You must do this online at www.fafsa.ed.gov. When completing your FAFSA, you must list Queen's University Belfast as your school. Our school code is G22736.
- Once you have submitted your FAFSA, this will produce an Institutional Student Information Report (ISIR). We need this document to determine your loan eligibility.
- If you have listed Queen's as your school, your ISIR should be sent to us automatically by the US Department of Education. However, we recommend that you email us at usloans@qub.ac.uk to confirm that you have submitted your FAFSA.
- Once we have determined your loan eligibility we will be able to create a cost of attendance for your programme. This will be emailed to you along with the following forms;
FLA1: This is where you confirm your course details, tuition fees and scholarship information
FLA2: This sets out your loans eligibility and provides information on ‘next steps’ to progress your application. You must confirm the amounts you wish to borrow in this form.
- In due course, when you have completed and returned both forms and carried out the relevant ‘next steps’ indicated in the FLA2 form, we will then be in a position to originate and activate your loans.
Please use the checklist below to make sure you have completed all the relevant steps and we are happy to help if you are having any problems.
US Federal Loan Process-Checklist
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Selective Service |
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If you are male- |
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Have you signed up for selective service? |
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If your answer is no; Have you attached proof you are exempt from selective service? |
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Master Promissory Notes (MPN) |
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Have you attached your Stafford MPN? |
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Have you applied for a PLUS Loan? |
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If your answer is yes; Have you attached your PLUS MPN? |
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Have you attached your Credit Check result email or screenshot? |
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If you have an endorser, is your endorser addendum attached? |
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Entrance Counselling |
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Have you attached your entrance counselling for your Stafford and PLUS loan? |
How much do I need to Borrow?
It’s important to remember that you have to pay back your loans so only borrow what you need. You do not have to borrow the full cost of attendance.
When can I apply?
- Please note students should not apply for loans until mid-June earliest when the US Department of Education has updated its software to meet annual requirements.
- Students requiring a Proof of Funds letter for visa purposes are advised to aim to have their loans originated by mid-August
- Loans may only be originated when you have accepted an unconditional offer of a place on a programme at Queen’s (new student) or when you are confirmed as being of Satisfactory Academic Progress (continuing student).
- If you are applying for a PLUS Loan, Credit checks are valid for 90 days, so do not apply for PLUS loans before 1st July.
Cancellation Policy
If you wish to cancel or reduce a loan at any stage of the academic year a minimum notice of 10 business days is required prior to the next disbursement. Please email usloans@qub.ac.uk clearly affirming if you wish to cancel the entire loan or a disbursement. To reduce your loan, you must clearly state the $ USD amount you wish to reduce your disbursement by.
WARNING - if we do not receive the minimum notice of 10 business days, then your disbursement will be released and you will be responsible for its repayment and any interest charges.
Please Note:You may review your US Loan application file at any stage.