Maximum Annual Loan Amounts

Subsidized and Unsubsidized Federal Direct Loans (FDSL)

The chart below shows the maximum amounts that can be borrowed for a full academic year. For periods of study shorter than an academic year, the maximum amounts may be less. Student Financial Services determines the specific amount that can be borrowed based on federal guidelines.

  All Students All Students Independent
Academic Level Annual Maximum 
Subsidized or Unsubsidized
(based on financial need)
Unsubsidized Eligibility
Unsubsidized Eligibility
1st year
$3,500 $2,000 $4,000
2nd year
$4,500 $2,000 $4,000
Subsequent years
$5,500 $2,000 $5,000
Graduate or
professional student
N/A** $8,500 $12,000

If the loan amount listed in your financial aid package on Financial Aid Online is less than the maximum allowed for your grade level (as indicated above), and you wish to increase your FDSL, or if you wish to decrease or decline your existing FDSL, please email your request to: Student Financial Services.

Maximum Cumulative Loan

The maximum cumulative (aggregate) subsidized and unsubsidized loan amount for undergraduate study is $31,000  of which no more than $23,000 may be subsidized.