Subsidized Student Loan Amounts Per Year

If your subsidized total is less than.

Subsidized student loan amounts per year.

Each of these loan limits for federal student loans is per year. Second year 29 1 59 credits 6 500. 5 500 if you re a first year student enrolled in a program of study that is at least a full academic year no more than 3 500 of this amount may be in subsidized loans. There is also an aggregate loan limit of 31 000 for dependent undergraduate students with no more than 23 000 as the aggregate limit for subsidized loans.

A maximum of 3 500 may be subsidized. Third and fourth year undergraduate students 7 500 with no more than 5 500 as subsidized loans. The amount you may borrow is determined by your level of study as follows. First year 0 29 credits 5 500.

As an independent undergraduate student you can borrow up to 57 500 towards your undergraduate degree. Subsidized and unsubsidized loans are capped at 31 000 through four years of an undergraduate education if you re a dependent student. Graduate students can borrow up to 20 500 annually and 138 500 total which includes. Dependent undergraduate student with a parent plus loan denial independent undergraduate student graduate and professional degree student.

Based on these criteria undergraduates can borrow a maximum of 9 500 to 12 500 annually and 57 500 total. Second year undergraduate students 6 500 with no more than 4 500 as subsidized loans.