How much US Direct Loan funding am I eligible for?
You are eligible to borrow up to your full cost of attendance. Additional funding from other resources (e.g., scholarships, loans) you may be receiving will be subtracted from the total amount you can borrow. The cost of attendance, including living costs, typically ranges from $20,000 to $40,000 for international students at UBC. Your maximum funding also depends on your degree and year level. UBC can not certify you for funding that exceeds either your cost of attendance or the loan maximums set by the US Department of Education.
To learn how your funding is calculated, visit US Direct Loan funding amounts.
Use the UBC cost calculator to plan your first-year costs.
Do Direct Loan maximums apply to each term or each year?
The loan maximums set by the US Department of Education apply to the academic year (September to August of the following year).
If you use the maximum amount in Direct Subsidized and Direct Unsubsidized Loan funding for the Winter Session (September to April period) and then decide to take summer courses, you are not eligible for any further Direct Subsidized and Direct Unsubsidized loan funding for the Summer Session (May to August period).
If you do not use the entire annual loan limit during the Winter Session, you will still be eligible for consideration for the rest of the amount for the remaining academic year or Summer Session.