Student Life Centre

Once You Are Here

 

How will I receive my loan or, the balance of my loan?

Your loan(s) will be sent by electronic transfer to the University's bank account in two equal installments. The first installment will arrive at the start of the academic year and the second will arrive mid January.

The US Department of Education regulations require the university to immediately take your tuition and your accommodation fees (if you are in university accommodation), before any excess is returned to you. The university will take 50% of your fees from your first loan installment and the remaining 50% from your second loan installment.

We would advise you to ensure that you have brought sufficient funds with you, to cover your first months expenses, as it may take up to 10 working days before the balance of the loan can be refunded to you by cheque. The cheque will be issued in sterling.

Student Accounts will send an email to your Sussex email account when your refund cheque is ready to collect. It is intended that Western Union produce the refund cheque on your behalf. 

How do I open a UK bank account?

Information regarding opening a UK bank account can be found in Student Account's FAQ student accounts [PDF 102.52KB].

In-School Deferment Forms

If you have forms to declare you are still in-school in order to defer repayments on previous loans, or to prove you are registered, they must be signed by a member of the Student Progress and Assessment Office. Once you are registered and in attendance at the University please take the forms to the office's reception desk in Sussex House.

National Student Loan Data System (NSLDS)

Details of your loan will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders and schools determined to be authorized users of the data system.

The University will update your enrolment status in NSLDS every two months.

Details of your loan servicer can be found in the National Student Loan Data System (NSLDS).

Financial Awareness Counseling

You are strongly advised to complete Financial Awareness Counseling on the StudentLoans.gov  website. 

The counseling will provide basic financial management information, show your current federal student loan debt and provide an estimate of the amount your student loan debt is likely to be when you leave school.

Budgeting

 http://www.sussex.ac.uk/studentlifecentre/funding/budgeting

Satisfactory Academic Progress

All students applying for or receiving Federal Loans (Subsidized, Unsubsidized and PLUS) must progress satisfactorily towards completion of a chosen academic program in order to remain eligible to receive loan support. Your Satisfactory Academic Progress (SAP) will be checked before any loan funds are released to you. Download the Satisfactory Academic Progress Policy [PDF 91.40KB].

 

Contact Details

The Student Funding Team are responsible for administering Direct Loans at the University of Sussex. Our contact details are:

Email: M.A.Hopkins@sussex.ac.uk and O.Barker-Phelps    

Telephone: Marie Hopkins (+44 1273 877307) and Oscar Barker-Phelps (+44 1273 872994)   

Address: Student Funding Team, Student Life Centre, University of Sussex, Chichester 1, Falmer, Brighton, East Sussex, BN1 9QJ, ENGLAND

 

Other Contacts

Admissions Office
Student Accounts
Housing Office / Residential Services
International and Study Abroad Office