Eligible Stafford Borrower Limits
Undergraduate Study
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1st year of study
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$3,500/academic year
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2nd year of study
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$4,500/academic/year
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3rd, 4th and 5th years of study
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$5,500/academic year
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Cumulative limit
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$23,000
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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.