Types of Loans

This section covers the types of student loans offered by Aberystwyth University and any eligibility requirements they have. There are several different funding schemes available. For studies in the UK, students are only eligible for some of these. Those we accept are listed below. Please note that Pell Grants and Work Study are not accepted. 

 

Loan Type Primary Borrower Need-Based? Interest Accrues While in School Credit Check?
Subsidised  Student Yes No No
Unsubsidised  Student No Yes No
Parent PLUS  Parent No Yes Yes
Private Loans Student No Yes Yes

Other Loans

Private Lenders

Aberystwyth University does not recommend any private lender, but is currently only able to disburse Sallie Mae student loans.

To receive these funds, the University must ‘certify’ the loans for each student. These may be used to supplement your Federal Loans but only up to your maximum Cost of Attendance value and will be subject to credit rating. You will probably be required to have a co-signer. 

If you are interested in applying for private loans, please let us know at internationalfunding@aber.ac.uk.

 

GI Bill (VA Funding)

Aberystwyth University accepts funding through the U.S. Veteran Affairs Education Benefits programme. However, the University needs to seek approval for each degree programme to eligible. Please see our website about GI Bill/VA Funding here.

VA / GI BILL – APPROVED PROGRAMS: