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FOR LOANS DISBURSED ON OR AFTER JULY 1, 2008:
Dependent Students:
- First year of undergraduate school: $5,500, with no more than $3,500 being subsidized
- Second year of undergraduate school: $6,500, with no more than $4,500 being subsidized
- Third year and beyond of undergraduate school, $7,500, with no more than $5,500 being subsidized
Independent Students:
- First year of undergraduate school: $9,500 with no more
than $3,500 being subsidized
- Second year of undergraduate school: $10,500, with no more
than $4,500 being subsidized
- Third year and beyond of undergraduate school: $12,500,
with no more than $5,500 being subsidized
- Graduate/professional students $20,500, with no more than
$8,500 being subsidized
Aggregate lifetime maximums for Federal Stafford Loans are
listed below:
- $31,000, dependent undergraduate students
- $57,500, independent undergraduate students
- $138,500, graduate students (including any undergraduate
loans)
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