Effective July 1, 2008

Annual Loan Limits

A degree-seeking student enrolled for at least half time is eligible to apply for a student loan.  For main campus, six (6) undergraduate credit hours per term and four (4) graduate hours per term are considered half-time. For Ft Campbell, three (3) credit hours per term is considered half-time.

A dependent undergraduate student may borrow annually up to:

Classification	Subsidized Stafford Loan	Unsubsidized Stafford Loan
Freshman	$3,500	$2,000
Sophomore	$4,500	$2,000
Junior	$5,500	$2,000
Senior	$5,500	$2,000

An independent undergraduate student may borrow annually up to:

Classification	Subsidized Stafford Loan	Unsubsidized Stafford Loan
Freshman	$3,500	$6,000
Sophomore	$4,500	$6,000
Junior	$5,500	$7,000
Senior	$5,500	$7,000

A graduate student may borrow annually up to $20,500 (only $8,500 Subsidized).

Aggregate Loan Limits
 
   Maximum Eligibility for: 

Undergraduates or Certification ONLY:

Student Status	Subsidized Stafford Loan	Unsubsidized Stafford Loan	Total
Dependent	$23,000	$8,000	$31,000
Independent	$23,000	$34,500	$57,500

 

PLUS Loans are not included in the Aggregate and there is NO Aggregate Limit for PLUS loans.

Student Status	Subsidized Stafford Loan	Unsubsidized Stafford Loan	Total
Graduate	$65,000	$73,000	$138,000*

*Includes previous loans incurred during  undergraduate.