US FINANCIAL AID
US Governments title IV programme
Frankfurt School of Finance and Management has been participating in the US Governments Title IV programme since the institutions initial approval in 2014. Since 2014, we have been able to assist many students in financing their studies here at FS, and have increased the academic programmes included for this program.
FEDERAL STUDENT AID (FSA)
Frankfurt School of Finance and Management has been participating in the US Government´s Title IV programme since the institution’s initial approval in 2014. Since 2014, we have been able to assist many students in financing their studies here at FS, and have increased the academic programmes included for this program.
US Financial Aid is a student loan programme, offered by the US Federal Government. It allows American students studying in any of our eligible programmes (listed below), access to Subsidized, Unsubsidized, and Direct Plus Loans to fund their studies. Frankfurt School is one of only four Universities in Germany to participate fully in the US loan programme.
Eligibility requirements for federal student aid include:
- Financial need
- Being a U.S. citizen or an eligible noncitizen
- Orderly repayments of previous federal student loans
- Being in or accepted for one of the programmes below
- Maintaining adequate academic progress
Academic programmes included:
- Master of Finance
- Master in Management
- Master of Applied Data Science
- Full Time MBA
- Executive MBA
- Bachelor of Science
- PhD programme
All other programs offered at Frankfurt School (e.g. all other academic degree programs, non-degree programs, online courses etc.) are not eligible to the Title IV program.
Please note, Federal Aid approved progammes are only offered at the Frankfurt am Main campus.
With Direct Loans, you can...
- borrow directly from the U.S. federal government.
- have online access to your Direct Loan Account Information 24/7 via your loan servicer.
- choose from several repayment plans that are designed to meet the needs of almost any borrower, and you can switch repayment plans if your needs change.
Students from non-European countries may work up to 140 full days per year. Students may opt for a placement during the vacation or may work part-time, i.e. up to 20 hours per week, alongside their study programme. More information is available here.
Frankfurt School’s Federal School Code is 040153 (you will need it to file your FAFSA - Free Application for Federal Student Aid).
You can check the status of your FAFSA anytime after submitting it online by going to FAFSA.gov and login in with your FSA ID or by contacting the Federal Student Aid Information Center.
APPLYING FOR FEDERAL STUDENT AID
(interest rate 6.39%, plus disbursement fee of 1.057%): Only Bachelor students are eligible for this type of loan. These loans are based on a need basis, and repayment is deferred until after your studies.
(interest rate 7.94% for Master and 6.39% for Bachelor students, plus disbursement fee of 1.057%): not based on financial need; interest is charged during all periods, even during the time a student is in school and during grace and deferment periods.
(interest rate 8.94% plus disbursement fee of 4.228%): unsubsidized loans for graduate students. PLUS loans help pay for education expenses up to the costs of attendance minus all other financial assistance. Interest is charged during all periods.
(interest rate: fixed rate based on the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one-eighth of 1%. There is no cap on the interest rate of a Direct Consolidation Loan.) Eligible federal student loans can be combined into one Direct Consolidation Loan.
Estimated Cost of Attendance:
Below you will find the Costs of Attendance (eligible costs for Direct Loans) – all figures are in US$, based on an average exchange rate from IRS 2024 EUR/US$ of 1.08. In case you claim higher expenses, you must show proof of it. Additional expenses for students with disabilities will be decided on a case-by-case basis. Please Note: While the rate below are calculated using an exchange rate of 1.08, the amount you receive will be calculated at the current exchange rate on that date minus a transaction fee the US Department of Education keeps. Please take this into account when you are deciding how much you want to borrow.
Estimated Eligible Direct Loan Amounts:
The actual loan amount you are eligible to receive each academic year may be less than the annual loan limit. These limits vary depending on:
- what year you are in school and
- whether you are a dependent or independent student.
For more detailed information, please visit the Federal Student Aid website about Direct Loans: Subsidized and Unsubsidized Loans | Federal Student Aid
Download COA - all programmes 2025
Loan Disclosure Information
Frankfurt School does not provide private educational loans.
Frankfurt School does not provide private loans for borrowers.
Frankfurt School does not have a preferred lender list.
Frankfurt School does not direct borrowers to any particular lender or loan product, but rather provides comprehensive and unbiased information to empower borrowers to make sound and informed decisions.
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GI Bill® Benefits
Frankfurt School accepts GI Bill® education benefits for eligible students. These benefits are provided by the U.S. Department of Veterans Affairs (VA) and can help cover tuition, fees, and other study-related costs.
The following programs are approved by the VA:
- Bachelor in Business Administration (BSc)
- Bachelor in Computational Business Analytics (BSc)
- Bachelor in Management, Philosophy & Economics (BSc)
- Executive Master of Business Administration (MBA)
We are actively working on expanding our list of approved programs. If you're interested in a program that is not currently listed above, feel free to contact us - we’re happy to update you on its approval status.
Benefits are available to:
- U.S. military veterans
- Active-duty service members
- Eligible spouses and dependents
Eligibility depends on your service history and the specific GI Bill program you're applying under (e.g., Post-9/11 GI Bill). For full details, visit the VA education and training benefits page.
To use your GI Bill benefits with us, please follow these steps:
- Apply for GI Bill benefits via the VA website.
- After receiving your approval, submit your Certificate of Eligibility (COE) to us (contacts listed below).
- When your admission is confirmed, we will certify your enrollment with the U.S. Department of Veterans Affairs to activate your benefits.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at https://www.benefits.va.gov/gibill.
