Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much money can independent undergraduate students borrow through the Federal Stafford Loan programs?

0
Posted

How much money can independent undergraduate students borrow through the Federal Stafford Loan programs?

0

A. Loans are processed for an academic year, which is a minimum of 48 credits and 33 weeks. The loan limit for your academic year is based on your year in school while attending the College. Federal Stafford Loan program first-year, independent undergraduate students can borrow a maximum of $6,625. The maximum award for second-year students is $7,500, and $10,500 for the third year and each remaining year. Undergraduate students can reapply for additional loans after completing a minimum of 48 credits and 33 weeks of instructional time.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.