Loan Type 

Interest Rate 

Subsidized Stafford Loan – Undergraduate ONLY

5.6% on or after July 1, 2009 and before July 1, 2010
4.5% on or after July 1, 2010 and before July 1, 2011
3.4% on or after July 1, 2011 and before July 1, 2012
6.8% on or after July 1, 2012

Subsidized Stafford Loan – Graduate/Professional

6.8%

Unsubsidized Stafford Loan – Undergrad/Grad/Prof

6.8%

PLUS and GradPLUS

7.9%

Dependent Undergraduate-DH & Nursing

Annual Loan Limit (Per Academic Period)

Junior (3^rd Year) and Beyond

$7,500  ($5,500 may be subsidized loans)

Independent Undergraduate-DH & Nursing

Annual Loan Limit (Per Academic Period)

Junior (3^rd Year) and Beyond

$12,500  ($5,500 may be subsidized loans)

Graduate Students

Annual Loan Limit (Per Academic Period)

BCD-GR, SGS & IBT

$20,500  ($8,500 may be subsidized loans**)

Professional Students

Annual Loan Limit (Per Academic Period)

DDS – Year 1 & 2

$42,722  ($8,500 may be subsidized loans**)

Medical - Year 1

$45,000  ($8,500 may be subsidized loans**)

Medical – Year 2

$40,500  ($8,500 may be subsidized loans**)

Medical – Year 3 & 4

$47,167  ($8,500 may be subsidized loans**)

DDS – Year 3 & 4

$47,167  ($8,500 may be subsidized loans**)

COP – Years 1-3

$36,666  ($8,500 may be subsidized loans**)

COP – Year 4

$40,333  ($8,500 may be subsidized loans**)

SRPH

$33,000  ($8,500 may be subsidized loans**)

Classification

Amount

Undergraduate Dependent

$31,000  ($23,000 may be subsidized)

Undergraduate Independent

$57,500  ($23,000 may be subsidized)

Post-Graduate SGS/IBT

$138,500 ($65,500 may be subsidized)

Graduate & Professional DDS/Med/COP

$224,000 ($65,500 may be subsidized)