Because we are concerned with the increasing debt level of our students, we encourage you to monitor your loan debt throughout your education and to borrow the minimum needed to cover your educational costs and therefore, reduce your loan payments later.
Loan amounts are based on your declared academic program, your credit level, residency status at the college, other aid you are receiving (i.e. Pell Grant, SEOG, Work Study, and/or Scholarships) and your dependency status through the FAFSA.
|Direct Loan - Dependent ||Subsidized ||Unsubsidized ||Yearly Total |
|Freshman (1-25 credits) ||$3,500 ||$2,000 ||$5,500* |
|Sophomore (26+ Credits) ||$4,500 ||$2,000 ||$6,500* |
|Direct Loan - Independent ||Subsidized ||Unsubsidized ||Yearly Total |
|Freshman (1-25 credits) ||$3,500 ||$6,000 ||$9,500* |
|Sophomore (26+ Credits) ||$4,500 ||$6,000 ||$10,500* |
*The above listed amounts are the maximum amount a student can receive through the direct loan lending program. Students may not be eligible to receive the maximum amount. The final approved loan amount is determined by your financial need (as determined by the Office of Financial Aid), cost-of-attendance, other financial aid and outside resources, program limits and loan amount requested. The school determines student eligibility for a federal student loan. If reasons are documented and explained to students in writing, the Office of Financial Aid may decline to certify an otherwise eligible loan application. In addition, a loan may be certified for an amount less than that for which the student would otherwise be eligible.