Eligible Stafford Borrower Limits

Undergraduate Study

1st year of study

$3,500/academic year

2nd year of study

$4,500/academic/year

3rd, 4th and 5th years of study

$5,500/academic year

Cumulative limit

$23,000

Interest rates for federally guaranteed student loans are set annually. Please consult the Department of Education website for the current interest rate: https://studentaid.ed.gov/types/loans/interest-rates. Students must file the FAFSA to determine eligibility for a Stafford Loan. Subsidized loan eligibility is limited for first-time borrowers to 150 percent of the length of the borrower’s educational program.