Federal Loan Limits

Federal Direct Loan Limits
Authorized by Ensuring Continued Access to 
Student Loans Act of 2008 (H.R. 5715) 
Effective for Federal Direct loans first disbursed on or after July 1, 2008
Academic Grade Level/Loan Type Maximum Loan Amount
  Dependent Student Independent Student or Dependent Student Whose Parent is Ineligible for Federal Direct PLUS

First-Year Undergraduates (less than 30 credits earned)

Base Direct Loan eligibility (subsidized and unsubsidized) $ 3,500 $ 3,500
Additional unsubsidized Direct Loan eligibility $ 2,000 $ 6,000

Maximum First-Year Total

$ 5,500 $ 9,500

Second-Year Undergraduates (30-59 credits earned)

Base Direct Loan eligibility (subsidized and unsubsidized) $ 4,500 $ 4,500
Additional unsubsidized Direct Loan eligibility $ 2,000 $ 6,000

Maximum Second-Year Total

$ 6,500 $ 10,500

Third- and Subsequent-Years Undergraduates (60 or more credits earned) and Certificate Students

Base Direct Loan eligibility (subsidized and unsubsidized) $ 5,500 $ 5,500
Additional unsubsidized Direct Loan eligibility $ 2,000 $ 7,000

Maximum Third- and Subsequent-Years and Certificate Student Total

$ 7,500 $ 12,500

Graduate and Professional Students

Base unsubsidized Direct Loan eligibility* N/A $ 20,500

Maximum Graduate and Professional Total

N/A $ 20,500

Aggregate Loan Limits

Dependent Undergraduate or Certificate Student $31,000 (no more than $23,000 of which may be subsidized)
Independent Undergraduate or Certificate Student or Dependent Student Whose Parent Is Ineligible for Federal Direct PLUS $57,500 (no more than $23,000 of which may be subsidized)
Graduate/Professional Student $138,500 (no more than $65,500 of which may be subsidized)

150% Subsidized Loan Limits

New borrowers on or after July 1, 2013 become ineligible to receive additional Direct Subsidized Loans if the period during which the borrower has received such loans exceed 150% of the published length of the borrower's educational program. The borrower also becomes responsible for accruing interest during all periods as of the date the borrower exceeds the 150% limit

If your grade level changes during the year, you may be eligible for an increase in your Federal Direct Loan. If you wish to request an increase in your loan amount, please contact us via web services or stop by Financial & Registration Services to present the request in writing.

The Federal Student Aid Ombudsman of the Department of Education helps resolve disputes and solve other problems with federal student loans.

You may access your prior Federal Loans (Perkins, Direct, and Stafford) information on the National Student Loan Data System (NSLDS) website. This site contains all of your federal Title IV aid history.