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341 views | 0 Vote this question as useful. 0 Vote this question as not useful. | Last updated on Apr 09, 2021 Financial Aid FAFSA
If you are eligible for Federal Student Loans such as the Direct Subsidized or Direct Unsubsidized Loans the school will determine how much you are eligible to take out. This amount will be no more than the following:
First Year Undergraduate | $5500; no more than $3500 in subsidized loans |
Second Year Undergraduate | $6500; no more than $4500 in subsidized loans |
Third Year and Beyond Undergraduate | $7500: no more than $5500 in subsidized loans |
For more information check out the Studentaid.gov website.