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MAXIMUM ANNUAL BORROWING LIMITS
ESTABLISHED BY THE U.S. DEPARTMENT OF EDUCATION
The table below shows the maximum amount a student can borrow each year, depending on the student’s dependency status, as determined by information on the FAFSA, and the
student's academic level. In addition, student loans in combination with other Financial Aid for an academic year cannot exceed the cost of attendance.
Remember the difference between a Subsidized Loan and an Unsubsidized Loan:
Subsidized means that the federal government pays the interest on these loans while you are in school and during deferments. You must show financial need to receive a Subsidized Loan.
The federal government does not pay the interest on an Unsubsidized Loan while you are in school or in deferment. Interest is charged from the day the loan is disbursed and you are responsible for the interest
payments. You can get an Unsubsidized Loan regardless of financial need.
MAXIMUM AGGREGATE (Combined Total) LOAN AMOUNTS
The table below shows the total amount a student can borrow while attending eligible post-secondary educational institutions.
Click here if you have borrowed through the Federal Direct Loan Program and want to see
what your monthly payment will be when you begin to repay your loan.
Click here if you have borrowed through the Federal Direct Loan Program and want a direct
link to the Direct Loan Servicing Center to check your account information.
Click here if you want Direct Loan Deferment and Forbearance Forms.
APPLICATION PROCESS | ENTRANCE COUNSELING | EXIT COUNSELING
DIRECT LOAN CONSOLIDATION DIRECT LOAN PROMISSORY NOTE DIRECT PLUS (PARENT) LOANS
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