Maximum Graduate Student Loan Per Year

The maximum amount that you can borrow under the federal direct unsubsidized loan program for graduate school is 20 500 a year with a maximum lifetime limit of 138 500.

Maximum graduate student loan per year. Aggregate maximum subsidized loan limit. Any graduate or professional student is limited to 20 500 in federal student loans all unsubsidized each year. The 2020 2021 loan limits are. 1 000 up to the total cost of.

Private student loans in some cases federal student loans do not cover the entire cost of graduate school. This limit includes all federal loans received for undergraduate studies as well. Student loan limits are based on a variety of factors including the type of loan federal or private your year in school and how much it costs to attend your school of choice. They also have federal student loan limits as follows.

Compare federal and private graduate student loans to find the best option for you if you need to borrow for graduate school. For private student loans limits vary by lender but you may be able to borrow up to. Each year a graduate student may borrow up to 20 500 in federal stafford loans not exceeding 8 500 in subsidized loans per year. As a graduate student you can borrow significantly more.

7 500 per year for juniors seniors and any additional undergraduate years of study. Most graduate students loans are limited 20 500 a year in stafford loans and cannot exceed 138 500 between both undergrad and grad school loans combined. The maximum amount a graduate student can borrow upon graduation is 138 500 up to 65 000 in subsidized loans. The aggregate loan limit for graduate or professional students is 138 500 with no more than 65 500 in subsidized loans.

The direct unsubsidized loan has annual limits for dependent undergraduate students based on the student s year in school. If you take a loan of 4 000 in the first year itself your interest for the first year will accrue on the full 4 000 during the next four years. But a graduate plus loan allows you to borrow up to the cost of attendance minus any other financial aid received. Graduate students can borrow up to 20 500 annually and 138 500 total which includes undergraduate loans.