Year

Dependent Students (except students whose parents are unable to obtain PLUS Loans)

Independent Students (dependent undergraduate students whose parents are unable to obtain PLUS Loans)

First-Year Undergraduate Annual Loan Limit

(0-29 Earned Hours)

$5,500- No more than $3,500 of this amount may be in subsidized loans.

$9,500- No more than $3,500 of this amount may be in subsidized loans

Second-Year Undergraduate Annual Loan Limit

(30-59 Earned Hours)

$6,500- No more than $4,500 of this amount may be in subsidized loans.

$10,500- No more than $4,500 of this amount may be in subsidized loans.

Third-Year Undergraduate Annual Loan Limit

(60-89 Earned Hours)

Fourth-Year and Beyond

(90 + Earned Hours )

$7,500- No more than $5,500 of this amount may be in subsidized loans.

$12,500- No more than $5,500 of this amount may be in subsidized loans.

Graduate or Professional Annual Loan Limits

Not Applicable (all graduate and professional students are considered independent)

$20,500 Unsubsidized Loans only

(If student borrowed as an undergrad during the aid year, loan amount is included in the $20,500 borrowing limit)

Subsidized & Aggregate Unsubsidized Loan Limit

$31,000- No more than $23,000 of this amount may be in subsidized loans.

$57,500 for undergraduates-No more than $23,000 may be in subsidized loans.

Loan Type

Borrower Type

Loans first disbursed on or after 07/01/25 and before 07/01/26

Subsidized & Unsubsidized

Undergraduate

6.39%

Unsubsidized

Graduate or Professional

7.94%

Direct PLUS

Parent, Graduate

8.94%

Loan Type

Loan Fee