Annual Loan Limits

Annual maximum allowable Stafford Loan limits are established by federal regulation. No borrower is permitted to exceed these loan limits during the Fall-Spring-Summer sequence. Students who anticipate attending Summer Sessions should set aside loan funds for that purpose, if they so desire.

Undergraduate Loan Limits

Graduate Loan Limits

 

Undergraduate Loan Limits



Grade Level

(# credits)

Loan Maximum

(combined subsidized and unsubsidized)

First-year

(1-29)

$2,625

Sophomore

(30-59)

$3,500

Junior

(60-89)

$5,500

Senior

(90+)

$5,500

Non-traditional (independent) students are entitled to an additional $4,000 unsubsidized loan in their first and second years, and an additional $5,000 unsubsidized loan in their third and fourth years. Non-traditional students are defined by federal law as those born before January 1, 1975, veterans, wards of the court, married persons, or individuals with dependents other than a spouse.

Graduate Loan Limits

Type of Student Subsidized Stafford Maximum Combined Subsidized and Unsubsidized Stafford
Certification candidates (in approved programs)

All deferred matriculation Masters candidates

 $5,500 $10,500
Masters candidates (fully matriculated) $8,500 up to $18,500, but not more than cost of attendance

A list of eligible certificate and degree programs is available here.

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