how much student loans can you take out

Best answer


$5,500 to $12,500 per year

People also ask


  • What is the maximum amount of Student Loans I can get?

  • Second year undergraduate annual loan limit: $6,500, with no more than $4,500 of this in subsidized loans Third year and beyond undergraduate annual loan limit: $7,500, with no more than $5,500 of this in subsidized loans Total loan limit: $31,000, with no more than $23,000 of this in subsidized loans

  • How much can I Borrow as a student?

  • Here’s a table that shows the current annual (and aggregate) federal borrowing limits based on your year in school and whether you’re considered a dependent or independent student: Graduate/Professional: $138,500 ($65,500 subsidized), including undergraduate loans.

  • How much can you get in unsubsidized student loans?

  • If, for example, your subsidized loan total in year one as a dependent undergrad is $3,500, you are limited to $2,000 in unsubsidized loans for that year. If your subsidized total is less than $3,500, the difference between that and $5,500 can be unsubsidized loans.

  • How are student loan limits determined?

  • Student loan limits are based on a variety of factors, including the type of loan (federal or private), your year in school, and how much it costs to attend your school of choice. The four main types of student loans are Federal Direct Subsidized, Federal Direct Unsubsidized, Federal Direct PLUS, and private.

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