How Much Can I Borrow?

Annual Student Loan Limits for an Academic Year

1st Year (1-29 credit hours)  Subsidized Unsubsidized Total
Dependent Student  $3,500  $2,000  $5,500
Independent Student  $3,500  $6,000  $9,500

2nd Year (30+ credit hours) Subsidized Unsubsidized  Total 
Dependent Student $4,500  $2,000  $6,500 
Independent Student $4,500  $6,000  $10,500 

 

Aggregate Student Loan Limits

If the total loan amount you receive over the course of your undergraduate education reaches the aggregate loan limit, you are not eligible to receive additional loans. However, if you repay some of your loans to bring your outstanding loan debt below the aggregate loan limit, you could then borrow again, up to the amount of your remaining eligibility under the aggregate loan limit.

 Undergraduate Study  Subsidized  Total Subsidized/Unsubsidized
 Dependent Student  $23,000  $31,000
 Independent Student  $23,000  $57,000