Federal Stafford Loan
Maximum Federal Stafford Loan Amounts for students enrolled in Continuing Education and ACCEL are as follows based upon eligibility.
Maximum Annual Loan Amounts
| Borrower's Academic Level | Dependent Student Subsidized + Unsubsidized | Independent StudentSubsidized + Unsubsidized |
|---|---|---|
| First Year Undergraduate | $2,625 | $2,625 + $4,000 = $6,625> |
| Second Year Undergraduate | $3,500 | $3,500 + $4,000 = $7,500 |
| Third Year and beyond | $5,500 | $5,500 + $5,000 = $10,500 |
| Last Updated: April 2004 | ||
Aggregate Loan Amounts
| Borrower's Status | Subsidized and Unsubsidized |
|---|---|
| Independent Undergraduate | $46,000> |
| Dependent Undergraduate | $23,000 |
| Last Updated: April 2004 | |