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/ If I’m an independent student how much can I borrow?

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  • ·1st year undergraduate: $9500 maximum ($3500 subsidized; $6000 unsubsidized)
  • ·2nd year undergraduate: $10,500 maximum ($4500 subsidized; $6000 unsubsidized)
  • ·3rd/4th year undergraduate: $12,500 maximum ($5500 subsidized; $7000 unsubsidized) ·The total amount that can be borrowed as a dependent undergraduate is $23,000 subsidized and $34,500 unsubsidized. ·Graduate/Professional: $20,500 unsubsidized ·For loans borrowed prior to July 1, 2012, the total amount borrowed as a graduate/professional student can not exceed $65,500 subsidized and $73,000 unsubsidized. The total borrowed between both loans can not exceed $138,500. Please note: Graduate and Professional students will NOT be eligible for Direct Subsidized Loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012.

Posted in: Direct Stafford Loan

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