How much can I borrow through the Federal Direct Stafford Loan program?
If you are a dependent student the maximum you can borrow under the Federal Direct Stafford Loan is $5,500 as a Freshman, $6,500 as a Sophomore, and $7,500 as a Junior and a Senior. If you are an independent student the maximums are $9,500 as a Freshman, $10,500 as a Sophomore, and $12,500 as a Junior and a Senior.
Related Questions
- If I borrow funds under the Federal Family Educational Loan Program (FFELP), i.e. Stafford loans, when do I have to begin to repay these funds?
- How much money can an independent undergraduate student borrow through the Federal Stafford loan program?
- How much can I borrow through the Federal Direct Subsidized Stafford Loan Program?
