US Federal Aid
Completing your studies or taking a break
When you complete your program, withdraw, take a leave-of-absence or drop below half-time enrolment, JCU will notify the US Department of Education, and in most cases this is when your grace period will begin. The grace period will give you six months before you must start making monthly principal and interest payments on your loans. You must also undertake Exit Counselling online.
If you re-commence study 'at least half time', either at JCU or another education provider, you will need to ensure the financial aid office is aware so that your enrolment can once again be reported as 'in school' and your repayment status will return to 'deferred'.
Students who apply for a JCU Leave of Absence from their studies may also be eligible to apply for a Federal Aid Leave of Absence in certain circumstances. LOA at JCU does not automatically entitle you to enter a Federal Aid leave of absence status. Enquiries should be made to the JCU Financial Aid Administrator before you apply for a JCU LoA. If you are not eligible or do not apply for a Federal Aid LoA, you will be reported to the US Department of Education as ‘withdrawn’ or 'less than half-time' (depending on the circumstances and program you are undertaking).
All policies and procedures can be found in the JCU Policies and Procedures Library, however those most relevant for students receiving US Federal Student Aid are:
Consumer Information Disclosures
To ensure you have all the information you need to decide about studying at James Cook University, please view current information about the University and our policies and procedures using the links below.
You need to know the current requirements and procedures for students and James Cook University, under the Higher Education Act of 1965 (HEA), as amended by the Higher Education Opportunity Act of 2008. The following links were current at the time of publication, however please contact us if the information you require is not available.
For any further questions about James Cook University’s administration of US Federal Aid Loans please contact the Financial Aid Administrator
Phone: +61 7 47815507