Dependent |
Independent |
|||
Freshman* | $5,500 | $9,500 | ||
No more than $3,500 of this amount may be in subsidized loans. | No more than $3,500 of this amount may be in subsidized loans. | |||
Sophomore* | $6,500 | $10,500 | ||
No more than $4,500 of this amount may be in subsidized loans. | No more than $4,500 of this amount may be in subsidized loans. | |||
Junior* | $7,500 | $12,500 | ||
No more than $5,500 of this amount may be in subsidized loans. | No more than $5,500 of this amount may be in subsidized loans. | |||
Senior* | $7,500 | $12,500 | ||
No more than $5,500 of this amount may be in subsidized loans. | No more than $5,500 of this amount may be in subsidized loans. | |||
Dependent | Independent | |||
Career Limit | $31,000 | $57,500 | ||
No more than $23,000 of this amount may be in subsidized loans. | No more than $23,000 of this amount may be in subsidized loans. |
Annual Loan Limit | |||||
Graduate/ Professional* |
$20,500 | ||||
As of July 1,2012 subsidized loans are no longer available to graduate and professional students. | |||||
Career Limit | $138,500 | ||||
|
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*The chart above provides maximum annual and total loan limits for subsidized and unsubsidized loans as of July 1, 2012. Annual limits include fall, spring, and summer. For more information on federal student loan borrowing limits, https://studentaid.gov/.