Number of prizes: optimum loan eligibility is dependent upon a student’s grade degree plus the federal dependency status as determined in your FAFSA.
Maximum loan quantities for reliant students are in relation to your course degree and are usually as follows:
Freshmen (0–29 credits) $5,500 each year Sophomores (30–59 credits) $6,500 each year Juniors and seniors (60 or higher credits) $7,500 each year
Optimum loan quantities for separate pupils are based on your class level and are also as follows:
Freshmen (0–29 credits) $9,500 each year Sophomores (30–59 credits) $10,500 each year Juniors and seniors (60 or even more credits) $12,500 each year
Optimum loan quantities for graduate students is $20,500 in Unsubsidized Federal Direct Loan each year.
To examine the yearly loan restrictions together with aggregate loan limitations please relate to the Federal scholar help site.
