Close

Calculating your cost of attendance

For both US Federal direct loans & private loans

Cost of Attendance (CoA) is the maximum amount of money a student needs to pay their tuition fees, living expenses and course costs. This figure is determined by the School.

For the academic years 2014-15, 2015-16, and 2016-17 the CoA is equal to the tuition fee amount plus GBP 25,000.00 per year for living expenses. 

(We expect each student to need up to a maximum of GBP 20,000.00 - GBP 22,000.00 to cover the cost of the visa, flights from and to the US, and all living expenses in London for the year but have allowed for an additional GBP 3,000.00 in the maximum CoA for any unexpected expenses and variations in costings.)

Loan calculations

The total loans originated by the School will only ever be up to the CoA (maximum amount available) but you can choose how your loans are made up as you know your situation, and (after reading the terms and conditions of the loans available - both federal and private) will know which option, or mix of options, suits you best. As a responsible borrower it is important that you carefully consider your options before deciding.

The level of your loan is determined by your CoA and any Estimated Financial Aid (EFA) which consists of any other funding you have secured (for example loans, bursaries, scholarships).  

Direct Unsubsidized Loan Amount
The Direct Unsubsidized loan is fixed to a maximum total of USD 20,500.00 for graduates. 

   Calculation: CoA minus EFA  = maximum eligible Direct Unsubsidized loan amount*

 * Within maximum annual and aggregate loan borrowing limits. Aggregate loan limits for Federal direct loans can be found here.

Direct graduate PLUS loan amount 
With the direct graduate PLUS loan you can borrow up to your CoA minus your EFA (this will include your direct unsubsidized loan)

   Calculation: CoA minus EFA= maximum eligible direct graduate PLUS loan amount*

 * Within maximum annual and aggregate loan borrowing limits. Aggregate loan limits for Federal direct loans can be found here.