Apply for US Direct Loans

The following information is designed to assist you through the US financial aid application process at The University of Auckland. For first-time applicants who are not currently studying at The University of Auckland we have developed a three step process for you to follow.

The University of Auckland school code is G12421. Please use this code on your FAFSA so it will automatically be sent to the University.

Step 1
Apply for Admission to a University of Auckland degree programme.
You must apply to study at the University before your financial aid application can be assessed. Any financial aid documentation received prior to an Offer of Admission being issued will be held on file until the offer is made.

Step 2
Complete the following documents:

• Free Application for Student Aid (FAFSA)
• University of Auckland Financial Aid Application Form
• Master Promissory Note(s) (MPN)
• Entrance Counselling 

Step 3
Complete and return the award letter.

After your application is assessed you will receive an award letter by email. The award letter will detail your estimated cost of attendance and approved US financial aid package. You will need to complete, sign and return the relevant section of the award letter.

Please apply at least 4 weeks prior to the commencement of your programme of study. Students are also advised to ensure they have sufficient funds to support their living costs for their first 4 weeks of study as loans may not be disbursed until at least the end of the 3rd week and up to the end of the 4th week of semester.
Note: only degree programmes are eligible for Federal Finaincial Aid. Graduate and postgraduate diplomas and nursing programmes are ineligible for Aid. Refer to Private Loans.

To apply for aid for subsequent years while studying at The University of Auckland, you must complete a Master Promissory Note (MPN), file a FAFSA for the correct award year and submit all the documentation requested in The University of Auckland Financial Aid Application Form.

If you have previously borrowed federal loans, you can access your loan information and current debt levels online.

Direct Loans
 

1. Your Direct Loans are requested online, from the US Department of Education, 10 days prior to the disbursement date stated on your award letter.
    
2. Origination and bank fees are deducted by the US Deptpartment of Education.
    
3. Funds are electronically transferred from the US Department of Education to the University and converted to NZD on that day’s exchange rate.
    
4. Funds are then applied against your tuition fees as per the current balance on your University student account.
    
5. The remaining balance is refunded to your NZ bank account on the date specified in your award letter.