Graduate loans

‘Professional and Career Development Loans are bank loans that can be used to help pay for work related learning.  You can borrow between £300 and £10,000 to help support the cost of up to two years of learning (or three years if it includes one year’s relevant unpaid practical work).  The Young People’s Learning Agency will pay the interest on the loan while you are learning and for one month afterwards.  The loan can be used to pay course fees or other costs such as travel and living expenses.  You can also use the loan to supplement other forms of support such as grants or bursaries.  Because the Professional and Career Development Loan is a commercial loan product, they should only be considered as an option once all other student funding options have been investigated.  For further information on financial assistance to support your learning, please visit www.direct.gov.uk/adultlearning or contact Careers Advice on 0800 100 900.  Our learning provider registration number is: 2877.’

Funding for US Students: Direct Loans Program

All federal student aid for postgraduates is loan-based. For United States students studying at the University of Essex Stafford Loans  and Graduate PLUS loans are available through the new Direct Loans Program.

The arrangements for loans at foreign schools are different to those for study within the US. You must read the attached instructions as you need to initiate to loan process.

Funding information for Direct Loans 2011-12

Smart Option Student Loan - Sallie Mae

The Smart Option Student Loan® is an ideal solution for funding up to 100% of a student’s total cost of attendance if you still need funds after maximising grants, scholarships and U.S. federal loans. 

A choice of two great repayment options - both designed to save money and help to graduate with less debt. You may choose the Fixed Repayment Option to save on interest with low in-school fixed payments of just $25, or the Interest Repayment Option to save even more. 

Sallie Mae is the lender of choice for thousands of U.S. students and their families, and the Global Education Management Services staff and consultants bring more than 15 years of experience in assisting international colleges and universities with funding their U.S. students. 

To take advantage of the GEMS Smart Option Student Loan® by Sallie Mae®, simply list the URL http://myglobaled.com among your private loan options on your U.S. student financial aid website. If you have any questions or comments about the program, please do not hesitate to contact Erich McElroy at erich@esmglobal.com or by phone at +44 (0) 20 8549 9700.  

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Further Information:

• Undergraduate Admissions
• International Office
• Accommodation Essex
• Graduate School