Funding for U.S. students

Starting in the 2020/2021 academic year, McMaster University will be an approved Title V institution under the U.S. Department of Education’s, William D. Ford Federal Direct Loan Program. If you are an eligible U.S. student attending McMaster, apply for Direct Loans to help pay your school-related fees. The Federal School Code for McMaster University is G06853.

McMaster University’s Federal School Code is G06853

The Cost of Attendance (COA) is calculated by the university. You cannot borrow more than this amount or appeal its calculation. If the funding you receive does not meet your financial need, you can also look into private loans.

If you applied for a Direct PLUS Loan and have been denied due to adverse credit history, you can complete an extenuating circumstances appeal 

You can start repaying your loans at any time, but you are only required to once you are no longer registered in full-time studies. For more on repayment, visit: www.studentaid.gov.

If you are a dual Canadian/American citizen, you may be eligible for student loans through your home province, with the exception of Ontario.

You can only receive government student aid from one country in a given school year.

For questions on FAFSA, eligibility, loan repayment and forgiveness and applying for and receiving aid, please visit the Federal Student Aid website.

You can contact Student Services about the processing of your loans once your application has been submitted.

If you are considering changing your course load or withdrawing from a program, please contact Student Services, as it may impact your eligibility and loan status.

 

Important Dates & Deadlines