US FEDERAL STUDENT LOANS
The International Education Division administers Federal Loans and private study loans to eligible students from the USA studying at the University of Limerick.
PLEASE NOTE THAT YOU SHOULD READ THE FEDERAL AID STUDENT APPLICATION GUIDE 2018/19 IN THE SIDE NAVIGATION BAR BEFORE SUBMITTING A LOAN APPLICATION.
American students attending the University of Limerick are eligible to receive the following types of US student loans.
Federal Direct Loans:
Eligible US Undergraduate and Graduate students can apply for Subsidised and Unsubsidised Federal Direct Loans. The US Government pays the interest on the Subsidised portion of the Direct Loan while the student is in school.
Federal Direct PLUS Loans:
PLUS Loans, formerly only available to the parents of undergraduate students, are now available to graduate students also. Graduate students can apply for the PLUS Loan on their own signature, without parental involvement. PLUS Loans do not have a grace period. Repayment begins after the final disbursement but the payments can be deferred while the student is in school.
Private Education Loans:
Students can avail of most types of private education loans, however, some lenders restrict availability of certain loan products to US schools only. You should consult the lender.