*When
using the chart above, please note the maximum annual amounts must be split
between quarters.
The
annual maximum may not be taken in one quarter.
·
Attending
three quarters: The amount per quarter students may request is up to one-third
(1/3) of the annual maximum.
o
Divide
each loan type by 1/3 to determine the quarterly maximum.
·
Attending
four quarters: The amount per quarter students may request is up to one-fourth
(1/4) of the annual maximum.
o
Divide
each loan type by 1/4 to determine the quarterly maximum.
Federal Direct Loans are also subject to an
aggregate lifetime limit. Review information below for details:
·
Undergraduate dependent students are subject to
an aggregate limit of $31,000 (maximum $23,000 subsidized).
Undergraduate independent students are subject to an
aggregate limit of $57,500 (maximum $23,000 subsidized).