not be in default on any education loan or owe a refund on an education grant,
pass a credit check as required by the US Department of Education (for PLUS loans), and
submit all documentation required by UQ to verify your eligibility and determine your financial need.
All non-Australian citizens must also comply with the conditions of their visa.
Nursing programs are not eligible for US federal government loans.
Certificate, diploma, postgraduate certificate and postgraduate diploma programs are not eligible for US federal government loans.
If you're undertaking a research program, US federal government loans cannot be awarded if you undertake your research in the US.
It's a requirement under the Australian ESOS Act that all international students are enrolled full-time.
To comply with US Department of Education Regulations, Doctor of Medicine (MD) applicants who are US citizens, permanent residents, or nationals must submit Medical College Admission Test (MCAT) results with their UQ application.
How to apply
To request a loan, you must follow the steps below each academic year. If you're a new student, you'll need to complete these steps before starting study at UQ.
Application opening and closing dates depend on which semester you'll start studying:
Semester 1: 1 August – 31 October
Semester 2: 1 May – 30 June.
Step 1: Complete the US Department of Education's requirements
For information about selecting a bank account, see our frequently asked questions.
You'll receive loan funds on the first day of classes, so if you're a new UQ student, you won't be able to use the loan to pay for your acceptance or tuition fee deposits.
Frequently asked questions
Find answers to common questions about US federal government loans:
Can I still apply for a loan even if I have a scholarship?
Yes, however, your eligibility will be adjusted based on the amount of the scholarship. We'll deduct the total scholarship amount from your total cost of attendance (COA) – the remaining amount, if any, will be the amount you may be eligible for.
Many students open an Australian bank account because it's easier to access when they're in Australia. However, some students choose to keep their American account and have funds deposited internationally.
We suggest researching the fees associated with your bank account (e.g. how much will it cost to withdraw or transfer funds internationally).
For more information on how your US loan funds will be paid, contact the UQ Financial Aid Office.
When and how will I receive my loan?
You'll receive the funds at the start of each semester as long as you've completed all the necessary documents.
The amount shown on your UQ financial aid award letter will be electronically drawn from the US Federal Reserve and deposited into the UQ bank account in US dollars.
We will then convert the funds into Australian dollars, deduct your tuition fees and pay the balance into your nominated bank account. The funds can take:
7 to 10 business days to appear in a US bank account
3 to 5 business days to appear in an Australian bank account.
The US Department of Education deducts origination fees before depositing the funds into UQ’s bank account. Information on fees is covered in the online entrance counselling and can be found in the disclosure statement sent to you when you receive your loan.
Can I adjust the loan amount at any time?
It depends on a few factors, such as:
when you request the change
the amount you request
if you've already received your loan.
If you initially requested the full amount and you haven't received your loan, you can contact the UQ Financial Aid Office to adjust the amount.
If you've already received your loan, you'll need to contact your loan servicer for advice.
If you did not request the full amount when you applied and want to request additional funds, you can do so at any time before the academic year ends.
Are there any fees attached to my loan?
See the US Federal Student Aid website for advice on loan fees.
Information on all fees and rebates are covered in the online entrance counselling and can be found in the disclosure statement sent to you when you receive your loan.
I plan to take a leave of absence from my program. Will this affect my loan?
Your leave of absence (LOA) must meet the criteria in the Code of Federal Regulations 34 CFR 668.22(d) to be approved as a temporary interruption instead of a withdrawal.
Contact the Financial Aid team for more information.
What do I need to do if I decide to withdraw from UQ?
We recommend getting in contact with a student adviser to discuss your plans to withdraw from UQ.
You can then contact the UQ Financial Aid Office to see if you're eligible for a refund.
Once you've officially withdrawn from UQ, you'll need to complete exit counselling.