The London Film School is eligible to participate in the William D. Ford Direct Student Loan Program authorised by US Education Department The documents below set out recent changes in the system and guides through the application process.
The US government requires institutions which offer federal student loans to disclose information about financial aid, completion and retention rates, the campus, etc. The London Film School has made the Consumer Information available on a separate page which can be found here: US Federal Student Aid: Consumer Information
Policies relevant to US Federal Loans can be found below:
Important: please ensure you first read our guidance document and the information contained on our website carefully.
Cost of Attendance
The origination fee for Direct Lending both unsubsidised and PLUS ( post grads are no longer eligible for subsidised) have changed. The new Cost of Attendance (CoA) spreadsheet reflects the new fees. If you have previously used an old CoA form please make sure you are using the latest version.
You may borrow up to the Cost of Attendance and no more. The Cost of Attendance spreadsheet is set by the school but may be reduced by the student. Additional costs may be included if students can demonstrate that their have unusual expenses (within reasonable parameters).
Two types of loans are available to you: U.S. Federal Loans and private loans.
The loans available are:
|Subsidised||No longer available to postgraduates|
|Unsubsidised||$20,500 max, Interest charged while in school||Origination Fee deducted at Disbursement|
|PLUS Loan||Max value set by School (Cost of Attendance)||Origination Fee deducted at Disbursement|
Eligibility for loans:
- LFS Degree Students may borrow up to your Cost of Attendance set by the London Film School
Ineligible courses - your whole course is not eligible for loans if the course comes under any of the following: distance learning, less than half-time continuous study on campus, any time spent in USA other than for school vacations
Federal (Stafford) Direct Lending
'There is an entitlement to Unsubsidised loans which have fixed limits for postgraduate students. These may be topped up to the full cost of attendance with a PLUS loan which is not an entitlement, but is subject to credit checking and may be declined by the Ed Dept.
The Loan Limits are:
Plus Loan Balance up to Cost of Attendance
The US Education Department charge an origination fee on all loans and this is deducted from each disbursement. The value of the fees and the disbursements are shown in the cost of attendance spreadsheet. For more detailed information, see the Education Department's Student Aid Website
How much can you borrow – Cost of Attendance:
The Cost of Attendance (COA) is the total amount it will cost you to attend LFS. Our Cost of Attendance spreadsheet has all this information built in, but you can also find an overview below. More information can be found in our guidance document which also contains information about the application process: US FSA Application Process for LFS Students
|Cost of Attendance||Amount (in GBP)|
|Tuition and Fees||see relevant pages for MA Filmmaking and MA Screenwriting|
|Room||£ 200.00 per week|
|Board||£ 70.00 per week|
|Books and Study Supplies||£ 20.00 per week|
|Transportation||£ 33.00 per week|
|Personal||£ 70.00 per week|
|2 Return Flights||£ 1,800.00 (one-off, single cost)|
|Visa Application and Associated Fees||£ 800.00 (one off, single cost)|
Please note our School Code: G10574
Student loans are awarded on an academic year basis. The loan, however, is divided into equal disbursements and paid over three (3) terms.
Please note that financial assistance is only available while you’re at least studying half-time, i.e. not during the summer holidays.
Important external links: