Maximum Loan Limits
Students borrowing a Federal Direct Stafford Loan, including subsidized and/or unsubsidized, are subject to maximum allowable loan limits. There are limits of which you need to be aware.
- Annual Maximum Loan Limit: Restricts the total amount of Direct Student Loans that may be borrowed annually.
- Aggregate Maximum Loan Limit: Restricts the amount of Direct Student Loans that may be borrowed over a student's college career.
- The combined total that you may borrow through Federal Direct Subsidized and/or Unsubsidized Loans cannot exceed your Cost of Attendance (COA) minus other financial aid or the maximum annual amount allowable by law, whichever is less.
- The maximum annual amount you can borrow in the form of a Federal Direct Subsidized and/or Unsubsidized Loan(s) is determined by your class level and dependency status.
Annual Maximum Loan Limits
|Type of Student||Dependent Student||Independent Student|
|Freshman: 0 - 25 credit hours||$5,500 (no more than $3,500 subsidized)||$9,500 (no more than $3,500 subsidized)|
|Sophomore: 26 - 55 credit hours||$6,500 (no more than $4,500 subsidized)||$10,500 (no more than $4,500 subsidized)|
|Junior/Senior: 56+ credit hours||$7,500 (no more than $5,500 subsidized)||$12,500 (no more than $5,500 subsidized)|
|Graduate Professional||N/A||$20,500 (no subsidized eligibility)|
|Law||N/A||$20,500 (no subsidized eligibility)|
Aggregate Maximum Loan Limits
|Type of Student||Amount|
|Dependent Student||$31,000 (no more than $23,000 subsidized)|
|Independent Student||$57,500 (no more than $23,000 subsidized)|
|Graduate Professional||$138,500 for all combined from all undergraduate, graduate, professional and Law (no more than $65,500 subsidized)|
|Law Student||$138,500 for all combined from all undergraduate, graduate, professional and Law (no more than $65,500 subsidized)|
The higher maximum loan for independent students reflects a combination of Federal Direct Subsidized and Unsubsidized Stafford Loans. The annual maximum Subsidized Loan Stafford eligibility is limited to the dependent eligibility for each class level.