Direct Student Loans

Direct Student Loans are for undergraduate, graduate, and professional degree students. You must be attending as at least a half-time student to be eligible for a Direct Student Loan.

There are two types of Direct Student Loans: Direct Subsidized and Unsubsidized. You must have financial need to receive a Direct Subsidized Loan. Financial need is not a requirement to obtain a Direct Unsubsidized Loan. The U.S. Department of Education will pay the interest that accrues on Direct Subsidized Loans while the student is in school at least half time and during times of authorized deferment.  

Annual and Aggregate (Program) Limits for Direct Subsidized (SUB) and Direct Unsubsidized (UNSUB) Loans

Academic Level
Dependent Limits Independent Limits
Sub Unsub Sub Unsub
1st year $3,500 $2,000 $3,500 $6,000
2nd year $4,500 $2,000 $4,500 $6,000
3rd and up $5,500 $2,000 $5,500 $7,000
Master’s and Doctoral N/A N/A N/A $20,500
Aggregate Undergraduate (Subsidized Loan Included) $31,000 (no more than $23,000 may be Subsidized) $57,500 (no more than $23,000 may be Subsidized)
Aggregate Master’s and Doctoral (Subsidized and Undergraduate Loan Included) N/A N/A $138,500 (no more than $65,500 may be Subsidized)