$5,500 to $12,500
People also ask
How much can you get in student loans?
Here are the current amounts set by the federal government : Undergraduate first year: Dependent undergraduates (18 to 24 years old, typically) can take out $5,500 total in student loans, of which $3,500 can be subsidized loans. Independent undergraduates can take out $9,500, with $3,500 of that total in subsidized loans.
What are the restrictions on the amount of student loans?
The restrictions are as follows: First-year undergraduate students 鈥?$9,500, with no more than $3,500 in subsidized loans Second-year undergraduate students 鈥?$10,500, with no more than $4,500 in subsidized loans Third- and fourth-year students 鈥?$12,500, with no more than $5,500 in subsidized loans
What is the maximum amount of student loans for 2nd year?
Second-year undergraduate students 鈥?$6,500, with no more than $4,500 as subsidized loans Third- and fourth-year undergraduate students 鈥?$7,500, with no more than $5,500 as subsidized loans Each of these loan limits for federal student loans is per year.
How much can I Borrow as a dependent undergrad student?
Note that the total for each year, and cumulatively, includes both subsidized and unsubsidized federal 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.