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STAFFORD LOAN AMOUNTS
Dependent Students
Current Limit
(Subsidized + Unsubsidized)Additional Unsubsidized
(Beginning July 1)New Limit
(Subsidized + Unsubsidized)
1st year
$3,500
$2,000
$5,500
2nd year
$4,500
$2,000
$6,500
3rd year and beyond
$5,500
$2,000
$7,500
As a result of these annual increases, the aggregate limit rises from $23,000 to $31,000.
Undergraduate, Independent Students (or Dependent Students with Parents Unable to Borrow PLUS Loans)
| Current Limit (Subsidized + Unsubsidized) |
Additional Unsubsidized (Beginning July 1) |
New Limit (Subsidized + Unsubsidized) | |
|---|---|---|---|
| 1st year | $7,500 | $2,000 | $9,500 |
| 2nd year | $8,500 | $2,000 | $10,500 |
| 3rd year and beyond | $10,500 | $2,000 | $12,500 |
As a result of these annual increases, the aggregate limit rises from $46,000 to $57,500.