Maximum Annual Loan Amounts

Subsidized and Unsubsidized Federal Direct Loans

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.

When completing the FAFSA, how certain questions are answered determine a student's dependency status. See Funding Education Beyond High School: The Guide to Federal Student Aid or Student Financial Services for more information.

All graduate/professional students are considered independent.

  All Students All Students Independent
Academic Level Annual Maximum 
Subsidized or Unsubsidized
(based on 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 on Financial Aid Online is less than the maximum allowed for your grade level (as indicated above), you may borrow the additional amount in a non-need based (unsubsidized) Federal Direct Stafford Loan (FDSL). If you plan to apply for additional FDSL, please complete a Federal Direct Student Loan Request and email it to Student Financial Services.

Maximum Cumulative Loan

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