Borrowing Limits

The total combined amounts a student may borrow in Direct Subsidized and Unsubsidized Loans may not exceed the annual loan limits or aggregate limits, which are specified in federal regulations. Annual loan limits are determined by class standing (freshman, sophomore, etc.) and dependency status. Students who will be finished with their program during the award year and do not enroll for three trimesters will have their loan prorated.

Annual Limits

Dependent

Class StandingCredits EarnedMaximum SubsidizedUnsubsidizedCombined Subsidized & Unsubsidized
Freshman0-31$3,500$2,000$5,500
Sophomore32-62$4,500$2,000$6,500
Junior/ Senior63-124$5,500$2,000$7,500

Independent

Class StandingCredits EarnedMaximum Subsidized UnsubsidizedCombined Subsidized & Unsubsidized
Freshman0-31$3,500$6,000$9,500
Sophomore32-62$4,500$6,000$10,500
Junior/ Senior63-124$5,500$7,000$12,500

Aggregate Limits

The cumulative amount that a student can borrow through the years is called the aggregate limit. A student who exceeds the aggregate loan limit is ineligible to receive any Title IV funding.

 Dependent UndergraduateIndependent Undergraduate
Maximum Subsidized$23,000$23,000
Combined Subsidized and Unsubsidized$31,000$57,500