loans
| LOAN LIMITS | Base maximum | Additional maximum |
| Dependent and independent students (subsidized+unsubsidized) |
Dependent students whose parents cannot borrow a PLUS loan and independent students (unsubsidized) | |
1st year undergraduate, 0-29 credits earned |
$3,500+$2,000=$5,500 | $4,000 |
2nd year undergraduate, 30-59 credits earned |
$4,500+$2,000=$6,500 | $4,000 |
3rd year and beyond (undergraduate), 60+ credits earned |
$5,500+$2,000=$7,500 | $5,000 |
Graduate and Professional students* |
$8,500 | $12,000 |
Aggregate limit for dependent undergraduates |
$23,000+$8,000=$31,000 | Not applicable |
Aggregate limit for independent undergraduates |
$23,000 | $34,500 |
Aggregate limit for graduate students |
$65,500 | $73,000 |
*Veterinary medicine students may qualify for higher loan limits.