Note to American students regarding federal student aid: While on official exchange from McGill you are considered to be a full-time McGill student for U.S. Direct Loan purposes. Please be aware that regulations by the U.S. Department of Education states that you can receive U.S. Direct Loans only if attending a school that participates in the U.S. Direct Loan program, and the school is located outside of the U.S. For more information, please visit the Scholarships and Student Aid website.