Maximums for Federal Direct Loans
| Year based on credits | Dependent Undergraduate Student |
Independent Undergraduate Student |
Graduate Student |
|---|---|---|---|
| First Year (0-29) | $5,500 ($3,500 max sub) |
$9,500 ($3,500 max sub) |
$20,500 |
| Second Year (30-59) | $6,500 ($4,500 max sub) |
$10,500 ($4,500 max sub) |
$20,500 |
| Third Year and beyond (60+) | $7,500 ($5,500 max sub) |
$12,500 ($5,500 max sub) |
$20,500 |
| Aggregate Limit | $31,000 ($23,000 max sub) |
$57,500 ($23,000 max sub) |
$138,500 ($65,500 max sub) |