Federal Direct Subsidized and Unsubsidized Loan Program

LOAN LIMITS:

Annual Loan Limits - $5,500 for freshmen*, $6,500 for sophomores*, $7,500 for juniors/seniors* (*Includes $2,000 unsubsidized).

$20,500 for graduate level non-medical (graduate level eligible for unsubsidized only).

Aggregate Loan Limits (Lifetime Loan Limits) - visit the Loan Limits webpage.

WHO IS ELIGIBLE:

U.S. Citizens or permanent residents; must be half-time (ugrad:6 credit hours grad:4 credit hours).

HOW TO APPLY:

Submit FAFSA in early October each and every year.

INTEREST RATES:

Undergraduate Students:

  • 7/1/20-6/30/21
    Fixed Interest Rates
    2.75% Subsidized
    2.75% Unsubsidized

  • 7/1/19-6/30/20
    Fixed Interest Rates
    4.529% Subsidized
    4.529% Unsubsidized

Graduate Students:

  • 7/1/20-6/30/21
    Fixed Interest Rates
    4.30% Unsubsidized

  • 7/1/19-6/30/20
    Fixed Interest Rates
    6.079% Unsubsidized