London Business School participates in the US Federal Student Aid Title IV loan scheme, as a recognised foreign school. The scheme is administered by the US Department of Education and provides student loans to eligible US citizens, nationals or permanent residents (subject to conditions and evidence of eligibility). Students can borrow up to their full cost of attendance for their programme.
Eligible programmes include:
- Masters in Business Administration (MBA)
- Masters in Finance (MiF) [full-time only]
- Masters in Management (MiM)
- Masters in Financial Analysis (MFA)
- Masters in Analytics and Management (MAM)
- Sloan Masters in Leadership and Strategy (SLN)
You can apply for a Title IV loan once you have accepted a place on your programme. The federal School Code for London Business School is G20955
It is a US legal requirement for all students who take out Title IV loans to undergo entrance counselling. This is to ensure that you understand the responsibilities and the terms and conditions of your loan.
Please complete entrance counselling on the StudentLoans.gov website. You will need your FSA ID. You will need to take a screenshot of the counselling confirmation and send it in with your application as we require proof that the counselling session(s) have been completed. We cannot certify your loan until we have a copy of the counselling confirmation.
You must also complete exit counselling by the time you finish or withdraw from your studies. This must be completed before you graduate, drop below half-time attendance, or withdraw, regardless of whether you plan to transfer to another University or re-enrol at London Business School. The counselling session will help you understand your rights and responsibilities as a student loan borrower and provides useful tips and information to help you manage your loans.
Please complete exit counselling on the StudentLoans.gov website. You will need your FSA ID. Please email the 'Completed Exit Counselling' confirmation page to the Visas and Financial Aid Team once completed.
Title IV loan information will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system. Any changes to your enrolment status will be reported via NSLDS within the required timeframes.
Satisfactory Academic Progress (SAP)
London Business School has an institution-wide SAP Policy, which can be downloaded here.
Return of Title IV funding
If you withdraw from London Business School, this can affect our eligibility for Title IV funding. Please see our R2T4 policy here.
The US Department of Education requires all institutions participating in the US Federal Aid programme to disclose important information to our students and prospective students. This can be downloaded here.