Stafford Loan Limits


Authorized by the Ensuring Continued Access to Student Loans Act of 2008 (H.R. 5715). Effective for Stafford loans first disbursed on or after July 1, 2008.
Academic Grade Level/Loan Type Maximum Loan Amount
First-Year Undergraduates Dependent Student Independent Student
or Dependent Student Whose Parent Is
Ineligible for PLUS
Base Stafford loan eligibility
(subsidized & unsubsidized)
$3,500 $3,500
Additional unsubsidized Stafford loan eligibility $2,000 $6,000
Maximum First-Year Total $5,500 $9,500
Second-Year Undergraduates
Base Stafford loan eligibility
(subsidized & unsubsidized)
$4,500 $4,500
Additional unsubsidized Stafford loan eligibility $2,000 $6,000
Maximum Second-Year Total $6,500 $10,500
Third- and Subsequent-Years Undergraduates
Base Stafford loan eligibility
(subsidized & unsubsidized)
$5,500 $5,500
Additional unsubsidized Stafford loan eligibility $2,000 $7,000
Maximum Third- and Subsequent-Years Total $7,500 $12,500
Graduate & Professional Students
Base Stafford loan eligibility
(subsidized & unsubsidized)
N/A $8,500
Additional unsubsidized Stafford loan eligibility N/A $12,000
Maximum Graduate/Professional Total N/A $20,500
 

 

Aggregate Loan Limits
Dependent Undergraduate Student $31,000 (no more than $23,000 of which may be subsidized)
Independent Undergraduate Student or
Dependent Student whose Parent is ineligible for PLUS
$57,500 (no more than $23,000 of which may be subsidized)
Graduate/Professional Student* $138,500 (no more than $65,500 of which may be subsidized)

*Higher limits may apply for certain health professions students.