Loan Maximums
Below are the applicable maximums that you are allowed to borrow. Student Financial Services monitors your loans to ensure you do not exceed a limit. Reviewing this information can help you plan what may be available during an academic year. Click on a section below for more information by loan type.
- Undergraduate Direct Student Loan Limits
Class Level
| Base Annual Amount for Dependant and
Independent Students | Additional Unsubsidized for Independent Students |
Total Per Academic Year | Maximum of Annual that can be Subsidized |
Freshman | 5,500 | 3,500 | 4,000 |
Sophomore | 6,500 | 4,500 | 4,000 |
Junior/Senior and Second Bachelors | 7,500 | 5,500 | 5,000 |
Teacher Certification | 5,500 | 5,500 | 7,000 |
- Graduate Direct Loan Limits
Class Level | Annual Limits | Aggregate Limits
(Includes any undergraduate loans) |
Masters/PhD | 20,500 (Up to 8,500 can be subsidized) | 138,500 (Up to 65,000 can be subsidized) |
Vet Med Years 1-3 | 40,500 (Up to 8,500 can be subsidized) |
224,000 (Up to 65,000 can be subsidized) |
Vet Med Year 4 | 47,167 (Up to 8,500 can be subsidized) |
- Perkins Loans
Class Level | Annual Limits* | Aggregate Limits |
Undergraduate | 5,500 | Freshman/Sophomore Level: 11,000
All Undergraduate Total: 27,500 |
*Actual awarded amounts may be less depending on available funding
- Health Professions Student Loans
Class Level | Annual Limits* | Aggregate Limits |
Vet Med Students | Not to exceed the Cost of Attendance | None |
*Actual awarded amounts may be less depending on available funding
- Direct PLUS Loan Limits
Loan Type | Annual Limits | Aggregate Limits |
Parent PLUS Loan | Cost of Attendance minus all other aid | None |
Graduate PLUS Loan | Cost of Attendance minus all other aid | None |
- Short Term Loans
Class Level | Semester Limits | Aggregate Limits |
Undergraduate/Graduate | 300 (400 in the semester you are graduating) | None |
Vet Med Students | 500 | None |
- Alternative Educational Loans
| Annual Limits | Aggregate Limits |
All Class and Student Levels | Cost of Attendance minus all other aid | Varies by Lender |