Federal Direct Loan Annual Limits

Undergraduate Bachelor’s Degree pupils*

Junior/Senior (60 or maybe more credit that is undergraduate earned/transferred)

Pupil Classification Dependent pupils separate pupils (and reliant pupils whose moms and dads have now been declined a Federal Direct Parent PLUS Loan because of unfavorable credit score)
Freshman (0 to 29.9 undergraduate credit hours earned/transferred) $5,500 (a maximum of $3,500 for this quantity might be in subsidized loans. ) $9,500 (a maximum of $3,500 for this amount may take subsidized loans. )
Sophomore (30 to 59.9 undergraduate credit hours earned/transferred) $6,500 (a maximum of $4,500 with this quantity might be in subsidized loans. ) $10,500 (only $4,500 of the quantity might take subsidized loans. )
$7,500 (a maximum of $5,500 with this quantity may take subsidized loans. ) $12,500 (a maximum of $5,500 with this quantity might maintain subsidized loans. )
Undergraduate Associate’s Degree Students*
Student Classification Dependent pupils Independent pupils (and reliant pupils whoever moms and dads have already been declined a Federal Direct Parent PLUS Loan because of unfavorable credit score)
Freshman (0 to 29.9 undergraduate credit hours earned/transferred) $5,500 (No more than $3,500 with this quantity might be in subsidized loans. ) $9,500 (a maximum of $3,500 with this quantity may take subsidized loans. )
Sophomore (30 or higher undergraduate credit hours earned/transferred) $6,500 (a maximum of $4,500 for this quantity can be in subsidized loans. ) $10,500 (a maximum of $4,500 with this quantity might maintain subsidized loans. )

*Federal laws need Federal Direct Subsidized/Unsubsidized Loans be prorated whenever an undergraduate student’s staying amount of research is reduced than the full scholastic year. Proration can limit the maximum loan amount that students may borrow for the residual period of research. Loans are prorated in line with the true wide range of credit hours staying into the system of research.

Licensure and Recommendation Pupils

  • For reliant students, $5,500
  • For separate pupils, $12,500 (a maximum of $5,500 with this quantity may take subsidized loans. )

Graduate Pupils: $20,500

Boonshoft class of Medicine pupils: Up to $47,167

Class of expert Psychology and Master of Public Health Program pupils

  • For pupils going to 9 months: $33,000
  • For pupils going to one year: $37,167

Federal Direct Loan Aggregate Limits

Aggregate Direct Subsidized/Unsubsidized Loan Limit by scholar Type

For reliant pupils, $31,000 (a maximum of $23,000 for this quantity may take subsidized loans. )

For independent pupils, $57,500 (a maximum of $23,000 with this quantity may maintain subsidized loans. )

Scholar Type Loan Limit
Undergraduate, Dependent Students $31,000 (only $23,000 of the quantity might take subsidized loans. )
Undergraduate, separate pupils (and undergraduate, dependent pupils whoever moms and dads have now been declined a Federal Direct Parent PLUS Loan because of negative credit rating) $57,500 (only $23,000 with this amount might be in subsidized loans. )
Licensure and Recommendation Pupils
Graduate pupils $138,500 (only $65,500 for this quantity might take subsidized loans. )
Boonshoft class of Medicine Students $224,000 (only $65,500 with this quantity may maintain subsidized loans. )
class of pro Psychology and Master of Public wellness Program direct lender installment loans in hawaii Students $224,000 (a maximum of $65,500 of the quantity might take

As well as the yearly and aggregate restrictions to the actual quantity of Federal Direct Subsidized/Unsubsidized Loans it is possible to borrow, addititionally there is a restriction how long it is possible to get a Federal Direct Subsidized Loan. If you should be a first-time debtor on or after July 1, 2013, there was a limitation from the maximum time period (calculated in educational years) that you could get Federal Direct Subsidized Loans. In the event that restriction relates to you, you might not receive Federal Direct Subsidized Loans for longer than 150 % associated with the posted amount of your system. This is certainly called your “maximum eligibility period”. As soon as you make use of your “maximum eligibility period” specific forms of enrollment might make you be accountable for the attention that accrues on your own Federal Direct Subsidized Loans if the U.S. Department of Education frequently will have compensated it. To find out more, please visit www. Studentaid. Ed.gov. To find out more and certain examples concerning the 150 % Subsidized Loan Limit, see the Federal Student help fact sheet.