Borrowing Limits
Borrowing Limits
How much can I borrow?
There are limits to the amount of federal student loans you can receive annually and also over your lifetime, called an aggregate limit. You can view your borrowing history by viewing the National Student Loan Data System.
| Student Classification | Credits Earned | Dependent | Independent* |
|---|---|---|---|
| First-Year Undergraduate | 0-24 | $5,500 up to $3,500 subsidized |
$9,500 up to $3,500 subsidized |
| Second-Year Undergraduate | 25-58 | $6,500 up to $4,500 subsidized |
$10,500 up to $4,500 subsidized |
| Third-Year and Beyond Undergraduate | 59+ | $7,500 up to $5,500 subsidized |
$12,500 up to $5,500 subsidized |
| Graduate or Professional | N/A | N/A | $20,500 (unsubsidized only) |
| Aggregate (total) loan limit | N/A | $31,000-No more than $23,000 of this amount may be in subsidized loans |
$57,500-No more than $23,000 of this amount may be in subsidized loans. $138,500 for graduate or professional students. No more than $65,000 of this amount may be in subsidized loans. This limit includes all federal loans received for undergraduate study. |
*Dependent students whose parents are unable to obtain PLUS Loans may be able to borrow up to the amount of an independent student for their grade-level
Am I dependent or independent?
Your dependency status is determined when you complete your FAFSA. Read more »
