Federal Subsidized and Unsubsidized Loan Chart
  Annual Loan Limits
Dependent Undergraduate (1)
(are you a dependent student? see our note below)		 Eligible Subsidized Amount Total Limit (2)
(Subsidized & Unsubsidized)
First Year $3,500 $5,500
Second Year $4,500 $6,500
Third Year and Beyond $5,500 $7,500
Independent Undergraduate (1)
(and dependents whose parents are unable to borrow under the PLUS program)		 Eligible Subsidized Amount Total Limit
(Subsidized & Unsubsidized)
First Year $3,500 $9,500
Second Year $4,500 $10,500
Third Year and Beyond $5,500 $12,500
Graduate/Professional Students (3) Eligible Subsidized Amount Total Limit
(Unsubsidized)
For Each Academic Year - - $20,500
  Aggregate Loan Limits
Dependent Undergraduate $23,000 $31,000
Independent Undergraduate
(and dependents whose parents are unable to borrow under the PLUS program)		 $23,000 $57,500
Graduate/Professional Students
(graduate debt limit includes Stafford loans received for undergraduate study)		 $65,500 $138,500
Health Care Professionals
(graduate debt limit includes Stafford loans received for undergraduate study)		 $65,500 $224,000
  Disbursement Fees
Amount taken out for use of the loan. Deducted from the total eligible amount: Oct. 1, 2017 to Oct. 1, 2018
1.066%		 Oct. 1, 2018 to Oct. 1, 2019
1.062%

1

Your school Financial Aid Office will determine your dependent or independent status. General guidelines state that students who are "independent" from their parents or guardians for basic living expenses will be eligible for Independent loan limits. Students who are "dependent" upon their parents or guardians for basic living expenses will be eligible for Dependent loan limits.

Review this Dependency Status Form worksheet to determine your potential status
2

The borrower may receive up to the entire amount in unsubsidized Stafford loans if the borrower does not qualify for a subsidized Stafford loan.

The total amount received from Stafford and Unsubsidized Stafford loans cannot exceed the indicated annual limits. Federal regulations, terms, and rates are subject to change.

3 Medical students annual loan amounts are up to $40,500 ($32,000 in maximum unsubsidized funds)