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