Financial Aid - Independent Student: Maximum Amount of Financial Aid an Independent Student can Receive

Topic: Maximum Amount of Financial Aid an Independent Student can Receive

$5,500 (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 can be in Subsidized Loans.

$6,500 (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 can be in Subsidized Loans.

$7,500 (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 can be in Subsidized Loans.  

Note: Loan origination fees for Direct Loans will increase for the 2014 - 2015 academic year. Direct Subsidized and Direct Unsubsidized Loans disbursed on or after October 1, 2014 will have a loan origination fee of 1.073%.

Additional information can be found by:

  1. clicking on the following link: Financial Aid
  2. clicking on Loans
  3. clicking on Federal Loans
  4. clicking on Federal Direct Stafford Loan

Students can visit the US Department of Education (ED) Federal Student Aid site for more information.