| |
ANNUAL
LIMITS |
| DEPENDENT
UNDERGRADUATES2 |
Subsidized |
Unsubsidized |
Total (Subsidized
& Unsubsidized)3 |
| First Year |
$3,500 |
--- |
$3,500 |
| Second
Year |
$4,500 |
--- |
$4,500 |
| INDEPENDENT
UNDERGRADUATES2 (and dependents
whose parents are unable to borrow under the PLUS program.) |
Subsidized |
Unsubsidized |
Total (Subsidized & Unsubsidized)3 |
| First Year |
$3,500 |
$4,000 |
$7,500 |
| Second
Year |
$4,500 |
$4,000 |
$8,500 |
| |
AGGREGATE
LIMIT3 |
| DEPENDENT
UNDERGRADUATES |
$23,000 |
--- |
$23,000 |
INDEPENDENT
UNDERGRADUATES2
(and
dependents whose parents are unable to borrow under the PLUS
program.) |
$23,000 |
$23,000 |
$46,000 |
1.
Certain health professional students may qualify for higher limits.
2. All undergraduate annual loan limits are subject to proration.
3. If the borrower does not have financial need for subsidized Stafford
Loan using
expected family contribution (EFC), or has reached
the aggregate limit in subsidized
Stafford Loans, the borrower may receive up to this
entire amount in unsubsidized
Stafford Loans assuming he or she has remaining eligibility
for the loan. |
