U.S. Loans
Last updated on January 12, 2021
When applying for U.S. Loans it’s important to understand the types of loans that are available at AUC.
There are two types of student loans:
Federal Student Loans: These loans are funded by the U.S. federal government.
- Direct Subsidized Loans and Direct Unsubsidized Loans
- Direct PLUS Loans (for graduate and professional students or parents)
Private Student Loans: These loans are nonfederal loans, made by a lender such as a bank, credit union, state agency or a school.
- Sallie Mae Smart Option Student Loans
- Parent Loan
If you need to borrow money to pay for college, start with U.S. Federal Student Loans. Federal student loans include many benefits, such as fixed interest rates and income- driven repayment plans, not typically offered with private loans. In contrast, private loans are generally more expensive than federal student loans.
Loan Summary Chart
To view the loan summary chart, click here.
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Student Consumer Disclosure
As mandated by Federal regulations set forth by Higher Education Act of 1965 and amended in 2008, educational institutions participating in federal student aid programs are required to disclose specific consumer information for enrolled and prospective students, parents, current and prospective staff, faculty and the public.
Scholarships
One of the University’s major priorities is providing scholarships and financial aid support to its students, in order to further AUC’s mission of building a culture of leadership ready to contribute to both Egypt and the international community in diverse fields.
Fellowships
The American University in Cairo has two categories of fellowships: institutional and sponsored. Institutional fellowships are funded by the university while sponsored fellowships are from private endowments and donors.
CONTACT INFORMATION
AUC New Cairo
Office of Student Financial Affairs and Scholarships
AUC Avenue, P.O. Box 74 New Cairo 11835, Egypt
Email: Magda Fayek at magdafayek@aucegypt.edu or finaid@aucegypt.edu
Working Hours: 9:00 am - 3:00 pm, Sunday through Thursday
New York Office
Student Financial Affairs
One Rockefeller Plaza, Floor 10
New York, NY 10020
t: 646-886-7700
Email: Ania Rejman at arejman@aucegypt.edu
