Please utilize the chart below to determine the maximum amount in subsidized and unsubsidized loans you are eligible to receive each academic year.
Grade Level | Dependent Students | Independent Students |
---|---|---|
First-Year Undergraduate | $5,500 (Up to $3,500 of this amount may be in subsidized loans). | $9,500 (Up to $3,500 of this amount may be in subsidized loans). |
Second-Year Undergraduate | $6,500 (Up $4,500 of this amount may be in subsidized loans). | $10,500 (Up to $4,500 of this amount may be in subsidized loans). |
Third-Year and Beyond Undergraduate | $7,500 (Up to $5,500 of this amount may be in subsidized loans). | $12,500 (Up to $5,500 of this amount may be in subsidized loans). |
Graduate | (All graduate students are considered independent). | $20,500 (Graduate students are only eligible to receive unsubsidized loans). |