USA federal government loans

If you're from the United States, you may be eligible for a federal loan to help finance your study at Monash.

US Federal Student Aid (FSA) Program updates

Due to recent legislative changes, the information on these US federal government loan web pages only applies to students who received a disbursement of US Federal Student Aid before 30 June 2026.

Effective 31 December 2026 Monash University will withdraw from the US Federal Direct Loan (Title IV) Program and will transition to ‘deferment-only’ status. This means that current and future students studying at Monash can no longer apply for a US Federal Direct Loan, so please consider this in your financial planning. Current students who already have a US Federal Direct Loan may be able to defer repayment.

If you plan to enrol and access US Federal Student Aid before 31 December 2026, contact us for information relevant to your situation.

If you wish to apply for funding as a US student after that date, you may like to consider applying for a private student education loan.

• Loan types Find out which type of loan offered under the Federal Direct Loan Program best fits your circumstances.

Check your eligibility and apply If you're eligible for a US federal government loan, follow the steps to apply. Apply now

• Disbursements Find out how your loan will be disbursed and when.
• Repayments Understand the rules for loan repayments and return of unearned funds.
• Responsibilities Your loan carries many responsibilities, including satisfactory academic progress.

• Contact us If you have a question or would like more information, get in touch with the financial aid administrator.