MBA Finances

Federal Loans FAQ's

How much can I qualify for in federal loans?

Loan Type	Annual (Academic Year) Loan Maximum	Aggregate (Lifetime) Maximum
Direct Subsidized Loan	$8,500*	$65,000
Direct Unsubsidized Loan	$12,000* (eff. July 1st, 2007)	$138,500 (including $65,000 of Subsidized Loans)
Direct Grad PLUS Loan	Cost of Attendance, less any other aid (loans and/or scholarships) received	None

*Effective July 1st, 2007 a standard award package is $8,500 Subsidized and $12,000 Unsubsidized. The Subsidized Loan is based on financial need, as determined by the information on your FAFSA. If you are not eligible to receive the full $8,500 in Subsidized Loan funds, then the remaining amount will be awarded in additional Unsubsidized Loan funds. It is therefore possible to receive up to $20,500 in an Unsubsidized Loan for the year.