Direct Loan Limits
Maximums for Direct Loans
Direct Loan limits are determined by how many credits a student has earned, their dependency status and other factors. Take a look at a breakdown of Direct Loan limits below.
DEPENDENT STUDENTS | |||
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 ARE NOT ELIGIBLE TO 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 |
GRADUATE AND PROFESSIONAL SCHOOL STUDENT | |||
Maximum Unsubsidized Loan Amount | |||
Graduate, Law, Physical Therapy and Occupational Therapy Students | $20,500 | ||
Pharmacy Students | $33,000 | ||
Medical and Dental Students | $40,500 |
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 |