Subsidized Student Loan Amounts Per Year

5 500 if you re a first year student enrolled in a program of study that is at least a full academic year no more than 3 500 of this amount may be in subsidized loans.

Subsidized student loan amounts per year.

Second year 29 1 59 credits 6 500. A maximum of 3 500 may be subsidized. Second year undergraduate students 6 500 with no more than 4 500 as subsidized loans. First year 0 29 credits 5 500.

If for example your subsidized loan total in year one as a dependent undergrad is 3 500 you are limited to 2 000 in unsubsidized loans for that year. The amount you may borrow is determined by your level of study as follows. A maximum of 3 500 may be subsidized. If your subsidized total is less than.

Based on these criteria undergraduates can borrow a maximum of 9 500 to 12 500 annually and 57 500 total. Subsidized and unsubsidized loans are capped at 31 000 through four years of an undergraduate education if you re a dependent student. Each of these loan limits for federal student loans is per year. Dependent undergraduate student with a parent plus loan denial independent undergraduate student graduate and professional degree student.

Graduate students can borrow up to 20 500 annually and 138 500 total which includes. Third and fourth year undergraduate students 7 500 with no more than 5 500 as subsidized loans.