Annual/Aggregate Limits for Perkins Loans

Annual
Maximum Loan
Aggregate
Maximum Loan
Undergraduate$4,000$20,000
Graduate$6,000$40,000

Annual Limits for Stafford Loans

SubsidizedTotal (subsidized & unsubsidized)
Dependent
First Year$3,500$3,500
Second Year$4,500$4,500
Third Year and Beyond$5,500$5,500

SubsidizedTotal (subsidized & unsubsidized)
Independent Undergraduates
First Year$3,500$7,500
Second Year$4,500$8,500
Third Year and Beyond$5,500$10,500

*NOTE: All undergraduate annual loan amounts are subject to proration.

SubsidizedTotal (subsidized & unsubsidized)
Graduate &
Professional Students
All years of study$8,500$20,500

Aggregate Limits for Stafford Loans

SubsidizedTotal (subsidized & unsubsidized)
Dependent Undergraduates$23,000$23,000
Independent Undergraduates$23,000$46,000
Graduate &
Professional Students
$65,500$138,500