Eligibility for Sallie Mae education loans is determined by Sallie Mae. If Sallie Mae approves loans for you, the University of Bradford is then asked certify your loan amount.
Sallie Mae have different rules on eligibility, and some of the restrictions of Federal Student Federal Aid do not necessarily apply (residency, distance learning etc). The University of Bradford is unable to advise on the Sallie Mae rules of eligibility, but we do get notified by Sallie Mae if they consider you to be eligible and we certify a loan for you, up to the value of your Cost of Attendance.
Can I borrow a federal loan as well as a private loan?
You may borrow a combination of private and federal loans but the combined total of loans between the two sources cannot exceed maximum value of Cost of Attendance (less any scholarship/award income).
- United States of America
Payment amount & frequency
Sallie Mae disburses loans in the form of USD cheques payable to the student. These are dispatched to the University, where they are issued. Please be aware that USD cheques can take some time to negotiate (especially if for large sums), within the UK banking system. Please also be aware that the United States has currency regulations regarding the re-importation of monetary instruments (Sallie Mae provide information with each check disbursement, concerning latest rules).
A cheque endorsement procedure can be conducted whereby the recipient can endorse the cheque to make it payable to the University of Bradford. This can sometimes improve processing time. Please seek advice from Payzone (in The Hub) before signing the endorsement section of the cheque.
Unless you advise the University otherwise, we will set a single disbursement for each Sallie Mae loan request, even if the Sallie Mae system indicates more than one disbursement. This is usually just after the start of the academic year.
If you are in receipt of both private loans and federal loans you should be aware that your federal loan disbursements may be on different dates to your private loan disbursements.
It is also strongly recommended that you plan on having sufficient funds available for accommodation, books, supplies and any other personal expenses during the first four to six weeks of classes in light of the timeframes outlined above or in the event that there is some delay in your financial aid arriving from the USA.
Further information about this scholarship
For more information please contact Greig Gemmell on email@example.com.