US Financial Aid
The US Financial Aid Policy establishes how Macquarie University fulfils its obligations in relation to the administration of the United States of America (US) Financial Aid Federal Family Education Loan Program (FFELP) and Direct Loan Program (DLP).
|To specify how Macquarie University fulfils its obligations in relation to the administration of the United States of America (US) Financial Aid Federal Family Education Loan Program (FFELP) and Direct Loan Program (DLP).|
|The participation by Macquarie University in the US Federal Student Financial Aid programs requires it to comply with a range of US legislation, including:
This policy is applicable to eligible US students who are applying for US financial aid under the Direct Loan Program (DLP) - previously the Federal Family Education Loan Program (FFELP). At Macquarie University, it will be of particular relevance to staff in the Office of Financial Services (OFS) and Macquarie International (MI). It will also be relevant to external organisations such as the US Department of Education and US universities.
Where the University has received certification for its participation in the US Federal student financial aid program, it will comply with the requirements of that program.This will include:
|Contact Officer||Director, US Financial Aid, Office of Financial Services|
|Date Approved||23 December 2008|
Chief Operating Officer and Deputy Vice-Chancellor
|Date of Commencement||1 January 2009|
29 May 2017 - updated Approval Authority from Deputy Vice-Chancellor and Chief Operating Officer to Chief
Operating Officer and Deputy Vice-Chancellor.
|Date for Next Review||June 2012|
|Related Documents||US Financial Aid – Direct Loan Program:
US Financial Aid - US Private Loans
Staff Code of ConductPrivacy and Personal Information protection Act PPIPA 1998 (NSW)
|Policies / Rules Superseded by this Policy||US Financial Aid policy approved 23 December 2008|
|Keywords||US, Financial, Aid, Title IV Funds, Direct Loan, Stafford Loan, PLUS loan, FFELP Loan|