Types of Loans
US students attending Concordia University of Edmonton may apply for the following loans through the William D. Ford Federal Direct Loan Program:
- Direct Loan – undergraduate (subsidized/unsubsidized)
- Direct Loan – graduate (unsubsidized)
- Parent PLUS Loan – dependent undergraduate
- Grad PLUS loan – graduate
Note: US students attending foreign schools are not eligible for the Pell grant.
Annual Loan Limits
US Direct Loans are need-based (subsidized) and non-need based (unsubsidized) and are subject to annual limits. The maximum amount you can borrow each year depends on your grade level and on whether you are a dependent student or an independent student. For more information on annual loan limits and lifetime loan limits visit studentaid.ed.gov.
How Do I Apply for a US Direct Loan?
- Complete a FAFSA (Free Application for Federal Student Aid) for the current academic year. Concordia University of Edmonton’s federal code is G025938.
- Email Concordia’s Financial Aid and Awards office at email@example.com to advise us that you are applying for a US student loan. Give us your phone number so that we may contact you directly. We will contact you by phone to collect important information related to your application.
- E-sign a Master Promissory Note (MPN).
- Students who are first time borrowers of US Direct of Plus loans must complete online Entrance Counselling.
Deadline to Apply
To ensure that your funding is ready for the start of the academic year in September, we recommend that you complete all parts of the application process and email us by July 15th.
US Direct Loan Consumer Information
As per the Higher Education Opportunity Act (HEOA) of 2008, the US government requires institutions offering US Direct Loans to disclose consumer information. If you require further information about the content, please contact us.