Current Loan Limits

 

Academic Level 

Dependent Students 

Independent Students  

Freshman - < 30 credits completed 

$5,500 Sub and Unsub

$3,500 maximum Sub

$9,500 Sub and Unsub

$3,500 maximum Sub

Sophomore - between 30 and 59 credits completed 

$6,500 Sub and Unsub

$4,500 maximum Sub

$10,500 Sub and Unsub

$4,500 maximum Sub

Junior / Senior - 60 credits and above completed 

$7,500 Sub and Unsub

$5,500 maximum Sub

$12,500 Sub and Unsub

$5,500 maximum Sub

Second Degree or Teacher Certification 

$7,500 Sub and Unsub

$5,500 maximum Sub

$12,500 Sub and Unsub

$5,500 maximum Sub

Graduate or Professional 

Not Eligible

$20,500 Unsub only 

 

Lifetime Loan Limits - Effective 7/1/2008 

Dependent Undergraduate 

$31,000 (Sub and Unsub) - $23,000 maximum Sub

Independent Undergraduate 

$57,500 (Sub and Unsub) - $23,000 maximum Sub

Graduate or Professional 

$138,500 (Sub and Unsub) - $65,500