Annual Loan Maximums
Please note: You may borrow the maximum annual loan limit only once per academic year. An academic year starts with fall term and ends at the completion of the following summer term.
FORD FEDERAL DIRECT LOAN ANNUAL MAXIMUMS
Dependent students
| GRADE LEVEL | Maximum Sub only |
Additional Unsub | Sub/Unsub Total |
|---|---|---|---|
| Undergraduates | |||
| 1st year 01 | $3,500 + | $2,000 = | $5,500 |
| 2nd year 02 | $4,500 + | $2,000 = | $6,500 |
| 3rd-5th year 03-05 | $5,500 + | $2,000 = | $7,500 |
| Aggregate maximum | $23,000 | $31,000 | |
| The subsidized portion of an undergraduate's loan aggregate may not exceed $23,000. | |||
Independent students
| GRADE LEVEL | Maximum Sub only |
Additional Unsub | Sub/Unsub Total |
|---|---|---|---|
| Undergraduate | |||
| 1st year 01 | $3,500 + | $6,000 = | $9,500 |
| 2nd year 02 | $4,500 + | $6,000 = | $10,500 |
| 3rd-5th year 03-05 | $5,500 + | $7,000 = | $12,500 |
| Aggregate maximum | $23,000 | $57,500 | |
| The subsidized portion of an undergraduate's loan aggregate may not exceed $23,000. | |||
| Graduate/Professional* | |||
| 06 - 10 | $0 | $20,500 = | $20,500 |
| Aggregate maximum | $65,500 | $138,500 | |
The subsidized portion of a graduate's loan aggregate may not exceed $65,500. *Professional medical students are eligible for $40,500 in unsub loans, pharmacy students are eligible for $33,000 in unsub loans. |
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