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International student loan schemes

You may be able to apply for an education loan from your home country.

If you are from the United States, Canada, Sweden, Norway or the United Kingdom, you may be eligible to apply for education loan schemes from your home country.

If you need assistance, the International Loans Team can help. Contact us on +61 2 8627 8336 or international.finaid@sydney.edu.au.

United States Federal Student Aid

The University of Sydney administers the United States Federal Student Aid Direct Loan Program to US citizens or eligible non-citizens who met the eligibility criteria.

There are four types of Direct Loans available to eligible students:

  • Direct Subsidised Stafford
  • Direct Unsubsidised Stafford
  • Direct GradPLUS
  • Direct ParentPLUS

Depending on your grade level e.g. undergraduate/graduate/ first year etc. you may be eligible to borrow the full cost of attendance each year. The cost of attendance is a calculation of tuition and associated fees plus living expenses.

Visit the Student website for detailed information on the United States Federal Student Aid Direct Loan Program including eligibility, the process for applying and receiving Direct Loans, loan limits, interest rates and fees.

Medicine

Currently, US students are eligible to apply for student loans from the US Government in order to cover fees and other costs in the Sydney Doctor of Medicine (MD) program.

US applicants for the MD program at Sydney Medical School should note the following important information.

From 1 March 2019, The University of Sydney will not accept applications for US Federal Student Aid from students enrolled in the MD. Students who enter the MD program in 2019 and wish to access US Federal Student Aid must apply for their loans before 1 March 2019.

US Federal Student Aid will not be available to students enrolled in the MD after 31 December 2020, regardless of when they first enrolled.

To be eligible to receive US Federal Student Aid in 2020, amongst other eligibility criteria, students must have remained continuously enrolled throughout the MD and must have accessed the Federal Student Aid scheme before 1 March 2019.

Please note that the eligibility of Sydney Medical School to participate in the US Federal Student Aid program is subject to review by the US Department of Education on an annual basis. Consequently, Sydney Medical School cannot guarantee that students enrolled in the MD will have access to US Federal Student Aid from 2017 to 2020. In addition, students enrolled in the MD are required to meet the standard US Federal Student Aid eligibility requirements in order to receive funding from 2017 to 2020.

If you have an enquiry, email medicine.admissions@sydney.edu.au.

To discuss other financing options, contact the International Loans Team.

Consumer information

To ensure you have all the information you need to make a decision about studying here, visit the pages below to view current information about the University, and our policies and procedures.

You need to know the current requirements and procedures for students and the University of Sydney, under the Higher Education Act of 1965, as amended by the Higher Education Opportunity Act of 2008. Our website provides the latest information but if you cannot find the information you seek, please phone +61 2 8627 8336 or email international.finaid@sydney.edu.au.

Office of Postsecondary Education Identification

03067200

Name of medical program

Bachelor of Medicine and Bachelor of Surgery (known as the Sydney Medical Program)

Length of medical program

4 years or 48 months

Most recently completed calendar year

1 January 2015 - 31 December 2015

Number of US students completing the medical program on time in the most recently completed calendar year

10

Number of US students completing the medical program in the most recently completed calendar year

8

On-time completion rate for US students completing the medical program in the most recently completed calendar year

80%

Median Title IV loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$99,648

Median private education loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$75,000

Median institutional education loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$0

Median combined educational loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$0

Mean Title IV loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$84,602.83

Mean private education loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$75,000

Mean institutional education loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$0

Mean combined educational loan debt incurred by US students who completed the medical program in the most recently completed calendar year

$29,130.85

United States Veteran Affairs Benefits

The University of Sydney accepts students who are eligible for a range of United States Veteran Affairs (VA) Education Benefits.

Recipients can study at the University of Sydney under the following benefit programs:

  • Post 9/11 GI Bill
  • Montgomery GI Bill
  • Survivors’ and Dependents’ Educational Assistance Program

The US Department of Veteran Affairs will determine a recipient’s eligibility. Further, recipients must enrol in a VA approved program.

Visit the Student website for more information on United States Veteran Affairs Education Benefits, including eligibility, applying for benefits and approved programs.

Other student loans and benefits

If you are from Canada, Sweden, Norway or the United Kingdom, you may be eligible to apply for education loan schemes from your home country.

Visit the Student website for information on the international loan schemes available and how the University can assist you with this process.