Can a student receive Federal Stafford Loan funds at the graduate annual loan limit levels if the student is simultaneously taking graduate and undergraduate coursework?
A. In some cases, yes, a student may receive up to the graduate annual loan limit while simultaneously enrolled in graduate and undergraduate coursework, provided the student meets all of the following criteria: • At least half time enrollment in coursework (either graduate or undergraduate) that can be applied to graduate program requirements. • Admission into the graduate program. • Completion of the equivalent of at least 3 academic years of full time study at an institution of higher education. Source: Federal Student Aid Handbook, Volume 8-Direct Loan and FFEL Programs, p.
