Maximum Annual and Aggregate Loan Limits

Annual Limits for Sub/Unsubsidized Loans

Dependent Undergraduates (excluding dependent students whose parents cannot get PLUS)
Note: All undergraduate annual loan amounts are subject to proration.

Subsidized Loan

Unsubsidized Loan

Total

First Year

$3,500

$2,000

$5,500

Second Year

$4,500

$2,000

$6,500

Third Year and Beyond

$5,500

$2,000

$7,500

Independent Undergraduates and Dependent Students whose parents can’t get PLUS

Subsidized Loan

Unsubsidized Loan

Total

First Year

$3,500

$6,000

$9,500

Second Year

$4,500

$6,000

$10,500

Third Year and Beyond

$5,500

$7,000

$12,500

Aggregate Limits for Sub/Unsubsidized Loans

Subsidized

Total (Subsidized and Unsubsidized)

Dependent Undergraduates (excluding those whose parents cannot borrow PLUS)

$23,000

$31,000

Independent Undergrads and Dependent Students whose parents can’t get PLUS

$23,000

$57,500

Graduate and Professional Students

$138,500