George Bozovic
Guest
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| Posted: Tue Apr 20, 2004 11:57 pm
Post subject: Obtaining Federal Aid for study abroad |
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Hi,
I filled out the FAFSA form about 6 weeks ago, and recieved the EFC of
0. I am enrolling in an Masters program that is located in the UK. I
think this means that I am elligable for $18,000 or so in loans.
Nevertheless, since I am studying in the UK, I am not sure how the
school or I will recieve this money. I believe my school is Title IV,
since it is listed on the code search where the SAR is send to. But I
am not sure what is the next step.
In the US, the school generally recieves the SAR and then they
directly recieve the loan. But in this case, it's a school abroad, the
currency is different, etc.
Any help is appreciated. Thank you
Regards,
Pred02
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Steve Blank
Guest
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| Posted: Wed Apr 21, 2004 12:19 am
Post subject: Re: Obtaining Federal Aid for study abroad |
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If it's a T-IV school you're eligible for $18,500 Stafford loans -
$8,500 subsidized, the rest unsubsidized. I suspect that they have to
follow the same procedure as schools here - they'll notify you of your
eligibility and have you complete a Master promissory Note and they will
receive the money directly.
--
Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761
George Bozovic wrote:
| Quote: | Hi,
I filled out the FAFSA form about 6 weeks ago, and recieved the EFC of
0. I am enrolling in an Masters program that is located in the UK. I
think this means that I am elligable for $18,000 or so in loans.
Nevertheless, since I am studying in the UK, I am not sure how the
school or I will recieve this money. I believe my school is Title IV,
since it is listed on the code search where the SAR is send to. But I
am not sure what is the next step.
In the US, the school generally recieves the SAR and then they
directly recieve the loan. But in this case, it's a school abroad, the
currency is different, etc.
Any help is appreciated. Thank you
Regards,
Pred02 |
|
|
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