Federal Loan Limits
The loan limit represents the total of all subsidized and unsubsidized Stafford Loans a student may borrow at each level of study. If the total loan amount a student receives over the course of their education reaches the aggregate (lifetime) loan limit, they are not eligible to receive additional loans
Undergraduate Students
| Classification | Dependent Students (not including students whose parents are unable to obtain PLUS Loans) | Independent Students (and dependent students whose parents are unable to obtain PLUS Loans) |
|---|---|---|
| First-Year Annual Loan Limit |
$5,500 total $3,500 or less in subsidized loans |
$9,500 total $3,500 or less in subsidized loans |
| Second-Year Annual Loan Limit |
$6,500 total $4,500 or less in subsidized loans |
$10,500 total $4,500 or less in subsidized loans |
| Third-Year and Beyond Annual Loan Limit |
$7,500 total $5,500 or less in subsidized loans |
$12,500 total $5,500 or less in subsidized loans |
| Subsidized and Unsubsidized Aggregate Loan Limit |
$31,000 total $23,000 or less in subsidized loans |
$57,500 total $23,000 or less in subsidized loans |
Graduate Students
| Classification | Annual Loan Limit | Aggregate Loan Limit |
|---|---|---|
| Graduate or Professional Student | $20,500 (unsubsidized only) | $138,500 |
| Veterinary Medicine Student | $40,500 (unsubsidized only) | $224,000 |
| Doctor of Clinical Psychology Student | $33,000 (unsubsidized only) | $224,000 |