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Student Loan Terms &
Limits
-
Annual
Subsidized/
Additional Unsubsidized
-
Loan Limits
Unsubsidized
Eligibility for Independent
-
Loan
Students*
- 1st Year Undergraduate
- Full Academic Year
|
- $3,500
- Prorated
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- $4,000
- Prorated
|
- 2nd Year Undergraduate
- Full Academic Year
-
Less Than Full Year
|
- $4,500
- Prorated
|
- $4,000
- Prorated
|
- 3rd, 4th, or 5th Year Undergrad.
- Full Academic Year
-
Less Than Full Year
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- $5,500
- Prorated
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- $5,000
- Prorated
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- Graduate or Professional Student
|
- $8,500
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- $12,000
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- Total Borrowing Allowed
- Dependent Undergrad
-
Independent, Undergrad
- Graduate/Professional
|
- $23,000
- $46,000
- $138,500
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-
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* Or dependent students whose parents cannot borrow
a PLUS loan. The amount an independent student or eligible dependent
student can borrow under the unsubsidized Stafford Loan Program during an
academic year is: (A) the amount indicated in the first column minus the
subsidized loan amount for which the student is eligible, plus (B) the amount
indicated in the second column.
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