Long-Term Loan Limits

This is a chart of the loan limits for undergraduate and graduate students. For more information, contact the Financial Aid Office.

Dependent Undergraduate Stafford Loan Limits

Freshman	$3,500 per year base amount (depending on need, can be sub/unsub)	$2,000 increase (unsub)	Total $ 5,500
Sophomore	$4,500 per year base amount (depending on need, can be sub/unsub)	$2,000 increase (unsub)	Total $ 6,500
Junior	$5,500 per year base amount (depending on need, can be sub/unsub)	$2,000 increase (unsub)	Total $ 7,500
Senior	$5,500 per year base amount (depending on need, can be sub/unsub)	$2,000 increase (unsub)	Total $ 7,500
Aggregate	$31,000 (no more than $23,000 of which can be subsidized)

Independent Undergraduate Stafford Loan Limits

Freshman	$3,500 per year base amount (depending on need, can be sub/unsub)	$6,000 increase (unsub)	Total $ 9,500
Sophomore	$4,500 per year base amount (depending on need, can be sub/unsub)	$6,000 increase (unsub)	Total $10,500
Junior	$5,500 per year base amount (depending on need, can be sub/unsub)	$7,000 increase (unsub)	Total $12,500
Senior	$5,500 per year base amount (depending on need, can be sub/unsub)	$7,000 increase (unsub)	Total $12,500
Aggregate	$57,500 (no more than $23,000 of which can be subsidized)

Graduate Stafford Loan Limits

Annually	$8,500 per year (sub/unsub) $12,000 per year (additional unsub)  *As of July 1, 2012 graduate students will no longer be eligible for unsubsidized loans.
Aggregate	$138,500 (includes undergraduate loans, no more than $65,500 can be subsidized)

Perkins Undergraduate Loan Limits

Annually	Up to $5,500 per year		Total $5,500
Aggregate	$27,500 maximum

Perkins Graduate Loan Limits

Annually	Up to $8,000 per year		Total $8,000
Aggregate	$60,000 maximum

unsub = unsubsidized
sub = subsidized

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