The following are the maximum annual loan amounts that can be borrowed through the Federal Stafford Loan Program:

Dependent Students (Sub + Unsub)

For dependent students whose parents cannot borrow under the PLUS Program, the amount a student can borrow under the unsubsidized program is the same as for an independent student.

Independent Students

Loan limits may be subject to proration.

Maximum Federal Stafford Aggregate Loan Limits

The aggregate loan limits (both Undergraduate and Graduate/Professional) also include any portion of a borrower's Consolidation loan which was used to repay a Stafford loan.

The loan amount a borrower may receive is determined by subtracting the amount of other financial aid that the borrower will receive from the total cost of attendance for the applicable academic year. In determining subsidized Stafford loan eligibility, the expected family contribution is also subtracted from the cost of education. However, the school's financial aid office will certify loan eligibility.

Loan Limits for a PLUS Loan

The maximum that may be borrowed may not exceed the student's cost of attendance, as determined by the school of federal rules, minus any financial aid the student has been or will be awarded during the period of enrollment. There are no aggregate limits on these loans.

Again, as with Stafford loans, the school's financial aid office will certify loan eligibility