Federal Direct Loan Annual Limits
Pupil Classification | Dependent pupils | separate pupils (and reliant students whoever parents have now been declined a Federal Direct Parent PLUS Loan as a result of credit that is adverse) | |
---|---|---|---|
Freshman (0 to 29.9 undergraduate credit hours earned/transferred) | $5,500 (a maximum of $3,500 with this quantity might be in subsidized loans. ) | $9,500 (a maximum of $3,500 of the quantity might maintain subsidized loans. ) | |
Sophomore (30 to 59.9 undergraduate credit hours earned/transferred) | $6,500 (only $4,500 with this quantity could be in subsidized loans. ) | $10,500 (a maximum of $4,500 of the amount may take subsidized loans. ) | |
Junior/Senior (60 or higher credit that is undergraduate earned/transferred)
Student Classification | Dependent pupils | separate pupils (and reliant pupils whoever moms and dads were declined a Federal Direct Parent PLUS Loan as a result of negative credit rating) |
---|---|---|
Freshman (0 to 29.9 undergraduate credit hours earned/transferred) | $5,500 (a maximum of $3,500 with this quantity could be in subsidized loans. ) | $9,500 (only $3,500 for this quantity may maintain subsidized loans. ) |
Sophomore (30 or maybe more undergraduate credit hours earned/transferred) | $6,500 (a maximum of $4,500 of the quantity might be in subsidized loans. ) | $10,500 (only $4,500 for this quantity may take subsidized loans. ) |