Borrowing Limitations

The table below programs the yearly and aggregate borrowing restrictions beneath the Direct Subsidized & Direct Unsubsidized Loan system. Remember that aggregate totals additionally consist of outstanding loans lent through the Federal that is former Family Loan Program (FFELP) which include Stafford Loans and Guaranteed figuratively speaking.

Year Dependent Undergraduate Independent Undergraduate Graduate
First 12 months Undergraduate $5,500
No a lot more than $3,500 of this quantity can be in subsidized loans.
$9,500
No a lot more than $3,500 with this quantity might be in subsidized loans.
2nd 12 months Undergraduate $6,500
No significantly more than $4,500 with this quantity could be in subsidized loans.
$10,500
No a lot more than $4,500 for this quantity might take subsidized loans.
Third and Beyond Undergraduate (each year) $7,500
No significantly more than $5,500 with this quantity might be in subsidized loans.
$12,500
No significantly more than $5,500 of the quantity might maintain subsidized loans.
Graduate and Professional Degree (every year) $20,500 Unsubsidized
(at the time of July 1, 2012, subsidized loans are not any longer offered to graduate and professional level pupils. )
optimum Total financial obligation (aggregate loan limitations) $31,000
No a lot more than $23,000 with this quantity can be in subsidized loans.
$57,500
No significantly more than $23,000 with this quantity may maintain subsidized loans. These limitations consist of any loans gotten as being a reliant pupil.
$138,500
No a lot more than $65,500 for this quantity might take subsidized loans. The debt that is graduate includes loans gotten for undergraduate research.

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