First time applicant information

First time applicants

Applying for financial aid

Step 1: Information

  • You must familiarise yourself with the William D Ford direct loan programme. Direct loans are explicitly to cover the primary costs of education (tuition, student accommodation, books/supplies and commuter travel). Loans are not intended to cover other expenses that are not directly related to study.
  • You should plan a budget for your studies (cost of attendance) and you should only borrow what you need. Remember that you will be required to repay all loans with interest when you graduate or leave school.
  • For further details on direct loan amounts and how much you can borrow, please see direct loan amounts.
  • If this is your first federal loans application at London Metropolitan (even if you have previous loans from another institution) please follow the instructions for first time applicants
  • Please read all the steps below BEFORE starting the application process.

Do you have previous loans? If you have previous Federal Family Educations Loans (FFEL)/Stafford or direct loans, you must ensure that you submit a request to defer payment on your previous loans. You should contact your loan servicer.  Defaulting on a previous loan at any time will lead to ineligibility for further loan funding.

Loan consolidation

Consolidating your federal loans together into a direct consolidation loan may make loan repayment easier. If you consolidate, you will have just a single monthly payment and it will allow you to take advantage of certain benefits that are offered only in the direct loan programme. If you would like to learn more about consolidating your previous loans (combining multiple federals loans into one) please see the loan consolidation section of the FSA website or contact your loan servicer for further advice.

Step 2: Confirm acceptance of your offer 

Step 3: Complete the free application for federal student aid (FAFSA)

  • In order to establish your eligibility for a direct loan, you must complete the online FAFSA application.
  • London Metropolitan University’s Federal School Code is: G22353. 
  • Please note that we are NOT automatically notified once you have completed your FAFSA. Once the US Department of Education has processed your FAFSA you will be issued with a student aid report (SAR). Please retain this for your records.

Step 4: Complete the cost of attendance (COA) spreadsheet 

  • Please review the COA policy document provided below and complete the relevant COA spreadsheet.
  • Undergraduate cost of attendance spreadsheet
  • Postgraduate cost of attendance spreadsheet
  • This will help you explore the funds you will need to cover the cost of tuition and other related expenses according to your study level and the designated loan amounts.
  • By submitting a COA spreadsheet (together with the other required documents), you will initiate a direct loan application file at London Metropolitan University and officially set out your wish to borrow direct loan funds to cover education costs.
  • Please note that you will need a copy of your Student aid report (SAR) to complete the COA spreadsheet.
  • Check your COA once you have completed Steps 4 and 5, ensuring it is fully and correctly completed.

Step 5: Mandatory entrance counselling

  • Federal regulations require all students to complete entrance counselling prior to the disbursement of financial aid and take a print screen of the completion certificate.

Step 6: Complete your direct loan master promissory note (MPN)

  • In order to take out a direct loan, you must complete a master promissory Nnote (MPN) for each year of study. The MPN is a legal document in which you promise to repay your loan(s) and any accrued interest and fees. It also explains the terms and conditions of your loan(s). You can complete your MPN on FSA website.

Step 7: Selective service registration

If you are male, please supply evidence that you have registered with selective service. Take a screen print of completion. If you are exempt from selective service, please provide evidence of this.

Step 8: Documentation required for the origination of your loan application

  • If you have completed the actions outlined above, you will now be able to provide the documentation listed below. Please note that your loan application cannot be processed without these documents - ALL DOCUMENTATION MUST BE SUBMITTED TOGETHER.
  1. A completed cost of attendance (COA) excel spreadsheet 
  2. A copy of your master promissory notes (MPN) for each loan type as a pdf. 
  3. A copy of entrance counselling confirmation (a screenshot confirming counselling completion)
  4. Evidence of selective service registration or exemption
  5. A copy of your University offer of a place
  6. A copy of your qualifications (your high school diploma or degree conferment plus transcripts showing your GPA)
  7. A copy (screenshot) of your credit check approval for graduate Plus loans
  8. A copy of your passport

What happens next

After we review your application for a direct loan, we will contact you by email confirming your eligibility for loans.  We will then issue you with a loan award letter, which has been approved by the UK immigration authorities as proof of student funding for the purposes of obtaining a visa to study in the UK.  You will also need to upload your loan award letter to your London Met evision portal in order to receive your CAS from the University.


  • FAFSA overview