What is the maximum amount that I may borrow under the Federal Stafford Loan program, subsidized and unsubsidized combined?
For Academic Year 2010-2011 The maximum annual amounts for full-time dependent undergraduates enrolled in a program of study that is at least a full academic year are : • First-year $3,500 subsidized, $2,000 un-subsidized • Second-year $4,500, subsidized, $2,000 un-subsidized • Third-year $5,500, subsidized, $2,000 un-subsidized • Fourth-year $5,500, subsidized, $2,000 unsubsidized The maximum aggregate amount is currently $31,000, but only $23,000 of this amount may be in subsidized loans. . Repayment begins six months after you graduate or terminate your studies. A: A graduate student may borrow up to $20,500 each academic year. (Only $8,500 of this amount may be in subsidized Stafford loans, $12,000 in un-subsidized Stafford loans.) The maximum aggregate amount is currently $138,500 (only $65,500 of this amount may be in subsidized loans). The graduate debt limit includes any Stafford Loans received for undergraduate study.
