Loan limits 2023-2024 | Dependent undergraduates: 1st year - $5,500
($3,500 subsidized), 2nd year - $6,500 ($4,500 subsidized), 3rd to 5th year -
$7,500/year ($5,500 subsidized), $31,000 maximum
Independent undergraduates and dependent
undergraduates whose parents don't qualify for PLUS loans: 1st year -
$9,500 ($3,500 subsidized), 2nd year - $10,500 ($4,500 subsidized), 3rd to 5th
year - $12,500/year ($5,500/year subsidized), $57,500 maximum
Graduate students: $20,500 per year, $138,500
maximum including undergraduate loans
| Student's total cost of education, minus any other financial aid
received |
---|