Independent Student: Maximum Amount an Independent Student Can Borrow

Topic: Maximum Amount an Independent Student Can Borrow

$9,500 (for loans first disbursed on or after July 1, 2008) if you're a first-year student enrolled in a program of study that is at least a full academic year.

  • No more than $3,500 of this amount may be in subsidized loans.
$10,500 (for loans first disbursed on or after July 1, 2008) if you've completed your first year of study and the remainder of your program is at least a full academic year.
  • No more than $4,500 of this amount may be in subsidized loans.

$12,500 (for loans first disbursed on or after July 1, 2008) if you've completed two years of study and the remainder of your program is at least a full academic year.

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

Addendum: Additional information can be found by clicking on the following link: Financial Aid, clicking on Loans, then Federal Loans, and finally, click on Federal Direct Stafford Loan.

Note: Information furnished by the US Department of Education can be obtained selecting the following link: US Dept. of Education (ED)