How Much Can I Borrow?
The below table shows what all students are normally able to borrow in Federal Loans:
Direct Loan Yearly Amounts
| Year of course | Subsidised Loan | Unsubsidised Loan | Total Loan |
|---|---|---|---|
| Dependent Undergraduate | |||
| 1st Year | $3,500 | $2,000 | $5,500 |
| 2nd Year | $4,500 | $2,000 | $6,500 |
| 3rd Year | $5,500 | $2,000 | $7,500 |
| Independent Undergraduate | |||
| 1st Year | $3,500 | $6,000 | $9,500 |
| 2nd Year | $4,500 | $6,000 | $10,500 |
| 3rd Year | $5,500 | $7,000 | $12,500 |
| Postgraduate | |||
| All years | — | $20,500 | $20,500 |
Students should refer to the information on the One Big Beautiful Bill for information on PLUS Loan eligibility. Students who are unable to make up their whole cost of attendance through Federal Loans will need to look at other sources of funding.
