Federal Direct Loan Annual Limits

Federal Direct Loan Annual Limits

Undergraduate pupils
scholar Classification Dependent pupils separate pupils (and reliant pupils whoever moms and dads have already been declined a Federal Direct Parent PLUS Loan as a result of credit that is adverse)
Freshmen (0 to 30 undergraduate credit hours earned/transferred) $5,500 (only $3,500 for this quantity could be in subsidized loans. ) $9,500 (a maximum of $3,500 of the quantity may maintain subsidized loans. )
Sophomore (30 to 60 undergraduate credit hours earned/transferred) $6,500 (a maximum of $4,500 of the quantity could be in subsidized loans. ) $10,500 (a maximum of $4,500 for this quantity may maintain subsidized loans. )
Junior/Senior (60 or even more credit that is undergraduate earned/transferred) $7,500 (only $5,500 with this quantity are in subsidized loans. ) $12,500 (a maximum of $5,500 of the quantity may maintain subsidized loans. )
Certification pupils
$12,500 (a maximum of $5,500 with this quantity might maintain subsidized loans. )
Graduate pupils
$20,500 every year in direct unsubsidized Stafford loans. Continue reading Federal Direct Loan Annual Limits