The following charts illustrate government loan borrowing limits for students and their parents.
| Stafford Loan Limits (Dependent Undergraduate Students |
|---|
| School Year | Annual Loan Limits | Aggregate Loan Limits |
| Freshman | $5,500 ($3,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized) | $31,000 (up to $23,000 may be subsidized) |
| Sophomore | $6,500 ($4,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized) |
| Junior or Senior | $7,500 ($5,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized) |
| Stafford Loan Limits (Independent Undergraduate and Graduate Students) |
|---|
| School Year | Annual Loan Limits | Aggregate Loan Limits |
| Freshman | $9,500 ($3,500 between base subsidized and unsubsidized, plus an additional $6,000 unsubsidized) | $57,500 (including $23,000 base subsidized and unsubsidized) |
| Sophomore | $10,500 ($4,500 between base subsidized and unsubsidized, plus an additional $6,000 unsubsidized) |
| Junior or Senior | $12,500 ($5,500 between base subsidized and unsubsidized, plus an additional $7,000 unsubsidized) |
| Graduate/Professional | $20,500 ($8,500 between base subsidized and unsubsidized, plus an additional $12,000 unsubsidized) | $138,500 (up to $65,500 may be subsidized) |
| Parent PLUS Loan Limits |
|---|
| School Period | Annual Loan Limit | Aggregate Loan Limit |
| Undergraduate | Cost of attendance minus other financial aid, per dependent student | None |
| Graduate PLUS Loan Limits |
|---|
| School Period | Annual Loan Limit | Aggregate Loan Limit |
| Graduate | Cost of attendance minus other financial aid | None |
| Perkins Loan Limits |
|---|
| School Period | Annual Loan Limits | Aggregate Loan Limits |
| Undergraduate | $4,000 | $20,000 |
| Graduate | $6,000 | $40,000 (includes all undergraduate and graduate study) |
