Federal Stafford Loan Limits

FOR LOANS DISBURSED ON OR AFTER JULY 1, 2008 through JUNE 30, 2010:

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)