Maximum Annual Loan Amounts

Subsidized and Unsubsidized Federal Direct Loans

These are the maximum amounts that you can borrow for a full academic year. For periods of study that are shorter than an academic year, the maximum amounts you can borrow may be less. Student Financial Services will determine the specific amounts that you are eligible to borrow.

*When you apply for federal student aid, your answers to certain questions will determine whether you're considered dependent or independent. 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
Borrower's Academic
Total Annual Amount
Subsidized or
(based on need)
Unsubsidized Loan
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

Only need-based loan eligibility is listed in an initial financial aid package. 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.