The U.S. Department of Education sets borrowing limits for the Direct Lending (DL) programs as indicated in the table below. To view your previous borrowing history, please go to www.nslds.ed.gov.
ANNUAL AND AGGREGATE LOAN MAXIMUMS |
Annual Loan Limits by Grade Level |
Grade Level | Base Amount
(Subsidized/Unsubsidized eligibility
determined by Financial Aid Counselor) |
Additional Unsubsidized Amount
|
| Dependent* | Independent |
| 1-29 credits completed | $3500 | $2000 | $6000 |
| 30 or more credits completed | $4500 | $2000 | $6000 |
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.
If the borrowers remaining period of study is less than a full academic year, Stafford loan eligibility will be prorated based on the number of credits for which the borrower is enrolled.
