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UCL Scholarships and funding

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US Loans Costs

The Cost of Attendance (CoA) is the amount of money a student needs to pay their tuition fees, living expenses and course materials for an academic year.

Calculating your Cost of Attendance

The living expenses and course materials are up to a maximum of £28,605 for full-time graduates (52 weeks) and £21,940.90 for full-time undergraduates (39 weeks). You will need to add your tuition fees to this to find your maximum Cost of Attendance.

Most students will need a combination of Direct Loans (Subsidized, Unsubsidized and PLUS loans) to cover the full CoA. Students studying less than full time will be eligible for a corresponding percentage of the living and course material costs.

Please note: living costs cannot exceed the limits mentioned above. Medical costs and additional course costs can be added if evidence is provided. These can be added at any time during the academic year if necessary.

Direct Loans incur fees and interest and must be repaid so do not borrow more than you need.

Breakdown of Costs

The weekly breakdown of our maximum Cost of Attendance for living expenses and course materials stated above is as follows:

Accommodation (on/off campus)

£260 per week - This is a maximum figure - you should reduce your loans if you expect your rent to be less

Travel (excl. flights)£36.10 per week 
Food£85 per week 
Personal£90 per week 
Course Materials

£20 per week - This is an estimated figure - if you think you need more than this, let us know either before or during your studies

Computing supplies (laptop/printer, etc.)

£10 per week - This is an estimated figure - if you think you need more than this, let us know either before or during your studies

International Flights (return tickets x 2)

£1750 per year - This is an estimated figure - if you think you need more than this, let us know either before or during your studies

Visa Fees£348
NHS Charge£450 (for a 1 year course. It is £300 per year if the course lasts longer than 1 year, for both Postgraduate and Undergraduate)
Loan Origination FeesPlease visit the Federal Student Aid website for more information on origination fees. These fees are deducted at source by the US Dept of Education and will be included in your cost of attendance.

Expected Family Contribution


The Expected Family Contribution (EFC) only affects the Direct Subsidized loan eligibility (undergraduates only) and is based on the information you provided in the FAFSA about you or your family’s income for the year prior-prior to the year for which you are requesting the loan. This is the amount of funding that the U.S Department of Education expects you and your family to contribute towards funding your studies. 

Estimated Financial Assistance

The Estimated Financial Aid (EFA) is any other institutional funding you are expecting to receive to fund your studies. This includes scholarships, grants, bursaries (except Veterans Affairs Benefits). You are required to inform the UCL Student Funding Office about any institutional funding you have secured for your studies at UCL. 

Loan Entitlement

The following formulas are used to calculate loan entitlements:

Direct Subsidized Loan eligibility= CoA - (EFC + EFA)*
Direct Unsubsidized Loan eligibility= CoA - EFA (inc. Direct Subsidized Loan)*
Direct PLUS Loan eligibility= CoA - EFA (inc. Direct Subsidized, Unsubsidized and any other expected funding) 

*Within maximum annual and aggregate loan borrowing limits.