$57,500 for undergraduates-No more than $23,000 of this amount may be in subsidized loans. $138,500 for graduate or professional students-No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.

How much will you be offered in Stafford loans?

Here’s a breakdown of what undergraduate students can borrow, per year, in subsidized Stafford Loans: Up to $3,500 for their first year. Up to $4,500 for their second year. Up to $5,500 for their third year and beyond.

What’s the maximum amount you can borrow on a federal direct loan?

You could not exceed $2,500 in an unsubsidized loan since the maximum a 3rd year student could borrow in federal direct loans is $7,500. A dependent student’s maximum eligibility, whether it subsidized or a combination of subsidized and unsubsidized loans, cannot exceed the amounts shown above.

What’s the maximum loan amount for a dependent student?

Dependent student: The career maximum of subsidized and unsubsidized combined undergraduate loans is $31,000 ($23,000 maximum in subsidized loans). Independent student: The career maximum undergraduate amount is $57,500 ($23,000 maximum in subsidized loans). Graduate and professional student: The career amount maximum is $138,500.

What’s the maximum amount a college student can borrow over a lifetime?

Lifetime College Loan Limits. In addition to the caps outlined above, there are limits on how much a student can borrow from the federal government over a lifetime. Dependent students can borrow a maximum of $31,000. Independent undergraduate students can borrow $57,500.

What is the maximum amount you can get from a FAFSA loan?

In order to get federal student loans, students and their parents must fill out the Free Application for Federal Student Aid, better known as the FAFSA. The maximum amount you can get from a FAFSA loan each year depends on whether you’re a dependent or independent student and which year of school you’re in.