If you're thinking about going on exchange and you're eligible for US loans, contact an Enrolment Services Advisor to understand your financial options before you apply for exchange.
Check the US Federal School Code Lists (under "Foreign Country") to confirm that your exchange university is also eligible to provide Title IV funds.
If you choose to do an exchange at a school in the US, you could lose your eligibility for Direct Loans for the rest of your program. If you require federal loans, it's not recommended to go on exchange to a US school.
If your partner university is Title IV and not located in the US, UBC can assess you for Direct Loans while you’re on exchange.
If your partner university is not Title IV, you will not be eligible to receive Direct Loans for the period of your exchange. You may want to consider private loans like Sallie Mae in this case.