New Stafford Loan Limits | 05.07.08

Posted in Student Loan Links By Student Loan Network Staff


Increase Annual and Aggregate Stafford Loan Limits

HR 5715, as passed by Congress, will increase the following loan amounts for loans first disbursed on or after July 1, 2008:

* Increases the additional unsubsidized Stafford annual limits by $2,000 for independent undergraduate students, and for dependent undergraduate students whose parents cannot borrow PLUS, but appears to reduce the additional unsubsidized limit for teacher certification to $6,000 for “undergraduate” students

Note – The original legislation also increased the additional unsubsidized Stafford annual limit for graduate and professional students by $2,000, but that provision was later eliminated by an amendment in the House

* Increases unsubsidized Stafford limits for dependent students by introducing additional unsubsidized amounts of $2,000

* Increases aggregate unsubsidized loan amounts for undergraduate dependent students from $23,000 to $31,000 (minus subsidized borrowing) but does not appear to extend additional unsubsidized funds for preparatory coursework or teacher certification for these students.

* Increases aggregate unsubsidized loan amounts for undergraduate independent students from $46,000 to $57,500 (minus subsidized borrowing) .

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5 Responses to “New Stafford Loan Limits”

  1. dusty says on June 8, 2010 at 12:02 pm:

    I am a graduate student who is working, or was working on two master's degrees a separate institutions, while doctor's and other professional have loan options available to them for additional training, Mental health and Public health scholar, are limited to aid at just one institution, even if that institution can not address the complete academic need.

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  2. Dee says on December 2, 2009 at 12:36 pm:


    I had the same problem at Kaplan. I contacted my student loan provider and found out that I was eligible to increase my loan amount.

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  3. Don Cotton says on November 24, 2009 at 12:52 am:


    My name is Don Cotton. I attend Kaplan College. Come to find out my Stafford Loan did not cover about $3,000 of my classes. I can not afford this with a loan. Can I add this amount to my loan. I really need this increase to pay pass account that was not covered. Can you give me information how to do this…


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  4. Diane says on July 18, 2008 at 6:03 pm:

    How much can an Independent sophmore, like myself, be awarded in totally unsubsidized stafford loans for the year?

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  5. Tim says on May 26, 2008 at 1:23 pm:

    Does the overall aggregate limit increase correspondingly?

    i.e., does the total amount one can borrow stay at $138,000 or does it increase in the amount of the undergraduate increase?

    It seams if there is no increase in the aggregate for undergraduates and graduates then grad school limits would actually decrease!

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