Summer Stafford Loans
There are annual loan maximums that students may borrow, depending on class level and dependency status. There are also cumulative maximum amounts students may borrow over the course of their years of study. The charts below display the maximums available.
| Class Level | Annual Maximum Dependent Student (Sub+Unsub) |
Annual Maximum Independent Student (Sub+Unsub) |
Maximum Subsidized (Dependent or Independent) |
| Freshman (0-44 credits) |
$5,500 | $9,500 | $3,500 |
| Sophomore (45-89 credits) |
$6,500 | $10,500 | $4,500 |
| Junior/Senior (90+ credits) |
$7,500 | $12,500 | $5,500 |
| Graduate (Master's, Ph.D.) |
n/a | $20,500 | $8,500 |
| Student Status | Cumulative Maximum Subsidized Loan |
Cumulative Maximum Subsidized + Unsubsidized |
| Dependent undergraduate or Dependent post-baccalaureate |
$23,000 | $31,000 |
| Independent undergraduate or Independent post-baccalaureate |
$23,000 | $57,500 |
| Graduate student (Master's or Ph.D.) |
$65,500 (includes amounts received as undergraduate and/or post-baccalaureate) |
$138,500 (includes amounts received as undergraduate and/or post-baccalaureate) |
