Eligible US students wishing to borrow loans should start the loans process by completing the Free Application for Federal Student Aid.
Complete the FAFSA which can be done on line at Federal Student Aid from 1st January 2013. You will require a PIN, available at the Federal Student Aid PIN website.
Include Newcastle University’s school code (G08460) in the appropriate place on your FAFSA for consideration for aid to study at the University.
Once your FAFSA is completed and processed you need to contact us at the following e-mail address: us-loans@ncl.ac.uk. We will then determine your eligibility for a loan as stipulated by the US Department of Education and provide you with your cost of attendance.
The Master Promissory Note is a legal document you sign when you enter into an agreement with the US Department of Education for your student loan. By signing the MPN you're agreeing to the terms and conditions of your loan (s). It includes any information about the grace period, deferment or cancellation provisions, and the borrower's rights and responsibilities with respect to the loan. You can complete and sign the MPN at studentloans.gov using your Federal student Aid PIN by selecting Sign-In. After you sign in, choose Complete MPN and then select Subsidized/Unsubsidized. Follow the four-step process listed on the studentloans.gov web site to sign your MPN. If you are intending to apply for the Grad Plus Loans you will need to complete a separate MPN and credit check for the Grad Plus Loan on studentloans.gov .
It is a US legal requirement that all first time Stafford borrowers complete loan counselling which advises them on the different loans available and repayment methods. This must be done at studenloans.gov before your 1st disbursement is released.
After your student loans have been set-up the University will issue you with a Notification of Student Loans letter. This letter has already been approved by the UK Border Agency and will be accepted to obtain a UK entry visa. The letter will detail the loan funds available to you and the disbursement dates.