Direct Loan Limits

Loan Limits

Dependent Students (Except Students Whose Parents Cannot Borrow a PLUS Loan)                       

Maximum Subsidized Amount

      Additional Unsubsidized Loan Amount

Maximum Combined  Sub/Unsub Loan Eligibility

Freshmen (0-23 hours)

$3,500

$2,000

$5,500

Sophomores (24-59 hours)

$4,500

$2,000

$6,500

Juniors (60-95 hours)

$5,500

$2,000

$7.500

Seniors* (96-128 hours)

$5,500

$2,000

$7,500

 *Seniors who graduate in December are only eligible for 1/2 the annual loan limit amount.


     

Independent Undergraduate Students 

 and Dependent Students Whose Parents Cannot Borrow a PLUS Loan

                

Maximum Subsidized Amount

      Additional Unsubsidized Loan Amount

Maximum Combined Sub/Unsub Loan Eligibility

Freshmen (0-23 hours)

$3,500

$6,000

$9,500

Sophomores (24-59 hours)

$4,500

$6,000

$10,500

Juniors (60-95 hours)

$5,500

$7,000

$12,500

Seniors** (96-128 hours)

$5,500

$7,000

$12,500

**Seniors who graduate in December are only eligible for 1/2 the annual loan limit amount.


  

Graduate and Professional School Students

Maximum Subsidized Amount*

      Maximum Unsubsidized Loan Amount

Graduate, Law, Physical Therapy and Occupational Therapy Students

Zero

$20,500

Pharmacy Students

Zero

$33,000

Medical and Dental Students

Zero

$40,500

 *For loans disbursed after July 1, 2012, grad / professional students no longer qualify for subsidized loans.

 

Aggregate Limits

Dependent Undergraduate

$23,000 Subsidized

$31,000 Sub/Unsub Combined

Independent Undergraduate

$23,000 Subsidized

$57,500 Sub/Unsub Combined

Graduate, Law, Physical Therapy, Occupational Therapy

$65,500 Subsidized

$138,500 Sub/Unsub Combined

Medical, Dental, Pharmacy

$65,500 Subsidized

$224,000 Sub/Unsub Combined