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

Subsidized


Sub/Unsub Combined

Dependent Undergraduate

$23,000

$31,000 

Independent Undergraduate

$23,000

 $57,500

Graduate, Law, Physical Therapy, Occupational Therapy

$65,500

 $138,500

Medical, Dental, Pharmacy

$65,500

 $224,000