Students borrowing a Federal Stafford Loan, including subsidized and/or unsubsidized, are subject to the following loan limits:
- Annual Maximum Loan Limit: The total amount of Federal Direct Loans that may be borrowed during the academic year (fall, spring and/or summer). The combined total (Federal Direct Subsidized and/or Unsubsidized Loans) cannot exceed your Cost of Attendance minus other financial aid or the maximum academic year amount allowable by law, whichever is less.
- Aggregate Maximum Loan Limit: Restricts the amount of Federal Direct Loans that may be borrowed over a student’s college career. The maximum annual amount you can borrow in Federal Subsidized and/or Unsubsidized Loan(s) is determined by your class level and dependency status. First-time undergraduate borrowers on or after July 1, 2013, may receive subsidized Stafford loans only up to 150% of the published length of your program. For example, students who are enrolled in program designed to take two years may receive subsidized Direct loans for a period of three years (150 percent of 2 years = three years).
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