Federal Direct Loan Borrowing Limits
There are two types of Federal Direct Loans. Your eligibility is determined after your Free Application for Federal Student Aid (FAFSA) has been reviewed.
- Direct Subsidized Loans are interest-free while you are enrolled in college at least half-time and during a six-month grace period after you leave school.
- Direct Unsubsidized Loans accrue interest while you are enrolled in college. You can choose to pay the interest each month while in school, or allow the interest to accumulate.
- Your Federal Student Loan offer amounts for the year are dependent upon the class levels highlighted below:
|Class Level||Dependent Students||Independent Students||Maximum of Subsidized Aid|
|Class Level||All Graduate Students Unsubsidized|
Lifetime Aggregate Loan Limits
|Student Level||Lifetime Maximum Loan Limit|
|Undergraduate Dependent Students:||$31,000 (of which no more than $23,000 can be subsidized loans)|
|Undergraduate Independent Students:||$57,500 (of which no more thn $23,000 can be subsidized loans)|
|Graduate/Professional Students:||$138,500 including undergraduate loans (of which no more than $65,000 can be subsidized loans)|