What are Stafford Loan Aggregate Limits?

Stafford loans are provided through the federal government on a need basis. Subsidized loans are available without interest, and unsubsidized loans may be available with interest payments to students with a slightly higher ability to pay. Stafford Loans have distinct limits set each year based on both need and the cost of education.

The limits can be confusing for students because there are different levels for subsidized and unsubsidized loans. Many students will end up combining subsidized and unsubsidized loans in order to fully cover the cost of education. This means there will be a different limit for each.

You will also need to consider the type of loan you have in terms of graduate, undergraduate, professional or medical school loans. Your limits will also depend on whether you filed as an independent, meaning without the assistance of your parents or family.

 


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