Stafford Loans Borrowing Limits
The following is a table of the Stafford Loan borrowing limits. In summary, an independant graduate student
can borrow more than a dependant freshman student with varying borrow limits depending on how much existing debt the student has.
Apply For A Stafford Loan Through Financial Aid
How much can I borrow with a Stafford loan?
If you are an eligible dependent student, you can borrow up to:
| $2,625 |
freshman year |
| $3,500 |
sophomore year (after one year of completed study) |
| $5,500 |
junior, senior, fifth year |
| $8,500 |
graduate/professional students |
If you are an eligible independent student, you can borrow up to:
| $6,625 |
freshman year (if you combine subsidized and unsubsidized loans, no more than $2,625 may be in subsidized loans) |
| $7,500 |
sophomore year (if you combine subsidized and unsubsidized loans, no more than $3,500 may be in subsidized loans) |
| $10,500 |
junior, senior, fifth year (if you combine subsidized and unsubsidized loans, no more than $5,500 may be in subsidized loans) |
| $18,500 |
graduate/professional students (if you combine subsidized and unsubsidized loans, no more than $8,500 may be in subsidized loans) |
The total outstanding debt allowable under the Stafford loan program:
| $23,000 |
dependent undergraduate student |
| $46,000 |
independent undergraduate student (only $23,000 may be in subsidized loans) |
| $138,500 |
graduate/professional student (only $65,500 may be in subsidized loans) |
Why Choose Financial Aid?
Back to College Student Loans page.
|
