The U.S. Department of Education sets borrowing limits for the Direct Lending (DL) programs as indicated in the table below. HCC has the right to deny any loan request based on such factors as unwillingness to repay, borrowing history, and academic progression. To view your previous borrowing history, please go to www.nslds.ed.gov.
ANNUAL AND AGGREGATE LOAN MAXIMUMS
Annual Loan Limits by Grade Level
determined by Financial Aid Counselor)
Additional Unsubsidized Amount
Grade Level 1
(1-29 credits completed)
|Grade Level 2|
(30 or more credits completed)
Aggregate Loan Limits
|Dependent Undergraduate|| $31,000 (Subsidized aggregate limit may not exceed $23,000)|
|Independent Undergraduate|| $57,500 (Subsidized aggregate limit may not exceed $23,000)|
|Graduate/Professional|| $138,500 (Subsidized aggregate limit may not exceed $65,500)|
*Dependent students who have a current PLUS loan denial on file with our office may be eligible to borrow an additional $4000 in Unsubsidized loan.
**The maximum loan amount an undergraduate student may borrow must be prorated in certain situations. For example, loans must be prorated if the borrower is enrolled in an eligible program of study that is shorter than a full academic year or when a borrower is enrolled in a program that is one academic year or more in length but the borrower is in a remaining period of study that is shorter than a full academic year. A Financial Aid Counselor with notify you if your loan at HCC must be prorated.
Students who need to resolve problems or disputes on any of the following federal loans may contact the Federal Student Aid Ombudsman: Direct Loans, Federal Family Education Loans, Guaranteed Student Loans, SLS Loans, or Perkins Loans .