Maximum Annual & Aggregate Loan Amounts
|
Dependent
Students |
Base Amount
(may be subsidized or unsubsidized) |
Additional
Unsubsidized Amount |
Total Subsidized
and Unsubsidized Amount |
|
1st year – fewer than 30 credits earned
|
up to $3,500 per year
|
up to $2,000 per year
|
up to $5,500 per year
|
|
2nd year – more than 30 credits earned
|
up to $4,500 per year
|
up to $2,000 per year
|
up to $6,500 per year
|
|
undergraduate aggregate maximum
|
up to $23,000
|
up to $8,000
|
up to $31,000
|
|
Independent
Students |
Base Amount
(may be subsidized or unsubsidized) |
Additional
Unsubsidized Amount |
Total Subsidized
and Unsubsidized Amount |
|
1st year – fewer than 30 credits earned
|
up to $3,500 per year
|
up to $6,000 per year
|
up to $9,500 per year
|
|
2nd year – more than 30 credits earned
|
up to $4,500 per year
|
up to $6,000 per year
|
up to $10,500 per year
|
|
undergraduate aggregate maximum
|
up to $23,000
|
up to $34,500
|
up to $57,500
|
