Changes to US Federal Student Loans are expected from 1 July 2026 under the 'One Big Beautiful Bill Act' (H.R.1), particularly affecting graduate students, parent borrowers, and repayment plans. Final regulations are yet to be released. If you have any questions, email us.financialaid@otago.ac.nz
The University of Otago has been approved by:
- The US Department of Education to participate in the Federal Student Aid programme (also known as Direct Loans, Stafford Loans, or US Financial Aid)
- The US Department of Veteran Affairs so that eligible students can access their educational benefits to pay for their studies at the University
- Sallie Mae, a private financial institution
US Federal Student Aid at Otago is available to eligible US citizens and eligible non-citizens enrolled in approved, on-campus degree programmes. Eligible students may also access Veterans Affairs education benefits or private loans while studying at Otago.
The Financial Aid Administrator is located at the International Office in the Clocktower. Contact them via email: us.financialaid@otago.ac.nz
Further information
United States (US) student loansUS Veterans Affairs education benefits
Sallie Mae private loans