US Loans
Get in touchLSBU participates in the William D. Ford Federal Direct Loan Program (Direct Loans). This is the main US Federal funding available to US students in the UK.
To begin the loan process, complete your Free Application for Federal Student Aid (FAFSA) and select London South Bank University as one of your school options. LSBU’s Direct Loan federal code is G33523 (or 03352300).
If you intend to borrow Federal Direct Loans or Private Sallie Mae loans, please read the US Loans Student Manual 2025/26 (PDF File 471 KB) and follow the instructions.
We will not know you wish to apply for a loan until you submit the documents detailed in the Manual to: enquiriesusfinance@lsbu.ac.uk
2026/27 Documents will be provided shortly.
Programme eligibility for Direct Loans
Most programmes at LSBU are eligible for Direct Loans, however some are not. Ineligible programmes include:
- All non-degree programmes
- Distance learning programmes
- Nursing and medical programmes
- Programmes studied at LSBU’s Croydon campus and other ineligible institutions.
In addition, students undertaking a study-abroad or work placement semester/year for any programme type are not eligible to receive US loans for this period
Key Changes after July 2026
- New Grad PLUS loans will not be available for new borrowers or those on new programmes. Postgraduate students may borrow up to $20,500 annually in Direct Loans.
- New Parent PLUS loans will be capped at $20,000 per year, with a lifetime limit of $65,000
- New Loan Limits are detailed here: Loan Limit Updates
- Please see full list of updates here: Studentaid.gov-Updates
- Continuing students who are already borrowers and remain continuously enrolled will be exempt from changes.
- This is based on our understanding of the enactment of the OBBBA Bill.
Important Information
- To ensure that you remain eligible for your loans, you must be making Satisfactory Academic Progress.
- For information on the procedure regarding the satisfactory academic progress for continued Financial Aid eligibility please read the Satisfactory Academic Progress (SAP) Policy (PDF File 586 KB).
- You must read the US Loans Student Manual 2025/26 (PDF File 471 KB) before applying for loans.
- Download the Cost of Attendance worksheet for 2025/26 (XLSX File 132 KB).
- If you are expecting funds in excess of your LSBU fees, please complete the Bank Details Confirmation letter (DOCX File 104 KB)
- For information on the procedures for withdrawal, please read the Return to Title IV Fund Procedure (R2T4) (PDF File 1,321 KB).
- For information on penalties associated with drug-related offences, please read the Notice of Federal Student Financial Aid Penalties for Drug Law Violations (PDF File 257 KB).
- Additional information on Federal Aid.
- Additional information on the Smart Option Student (Sallie Mae) Loan
- For further information about US Loans at LSBU, please email us.