There is a maximum amount you can get in student loans but is the maximum amount per loan institution or per student?
- That's a kind of tricky question. The answer is "some of each". If you're talking about the maximum amount you can get in a year, there is a maximum you can get per student that is modified by the school's cost of attendance. If the cost of attendance for the school is less than the maximum yearly loan amount, you will only be offered the amount of cost of attendance. If you're talking about lifetime maximums, then the limits are per student. The lifetime maximum for undergraduate students is $23,000. If you are in grad school, the lifetime maximum for the amount you can borrow in grad school is $65,000 (note that your undergraduate loans do not count toward this maximum). There is a national database that keeps track of all of your loans, regardless of what school you were attending when the loan was taken out, so they can keep track of your lifetime totals.
- The tricky bit is that this is only the governmental student loans. If you can get private loans from other companies, they may or may not care about your lifetime maximums.The other thing I'm not sure about is whether you can hit your limit, pay it off, then borrow more later. That's a situation that hasn't come up in my personal experience, so I can't answer that one.
- If you've hit your limit, made payments for years, then want to go back to school and borrow again later, all of those payments you made get subtracted from the limit and you're eligible to borrow again until you've hit the top, again.
- I ran into this just recently and had to perform some research (mainly the department of education's financial aid adviser workbook). For an dependent (living with help of parents) undergraduate the limit is certainly $65,000. For an independent undergraduate, however, the limit is double ($46,000). There are annual limits that get progressively higher as you enter your 2nd, 3rd, 4th, 5th, etc. year. For graduate school the total limit for non-medical students is approximately $138,000. A little less than half of it ($67,500) can be subsidized (the gov't pays your interest while you're in school). Medical students (I.e. doctors, etc.) can get loans up to around $200,000 (all inclusive of all 3 schools).
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That depends where in the world you are. In England its ï¿½5000 that's including a ï¿½1000 grant.
There is no conceivable maximum, granted the lender is willing to continue financing a never-ending graduate school education. For practicality's sake, the number is largely d…etermined by the individual's capacity to return the money in due time.
In the U.S., 15% of your wages is the guideline, but I have seen up to 25%.
The average Student Loan in 2009 was just over $23,000.
No you cannot settle student loan debt for less than what you owe. Student loans are federally backed, and will find that student loan lenders will not settle for less than th…e principal balance that you owe them. The best they can do is offer a deffered payment plan or a forbearance.
10,000 IU is the maximum per day dose you can safely consume for years. for reference, around 1,000,000 IU in a day would kill you and several hundreds of thousands of IU cons…umed for too many months would destroy your internals.
Up to a million $$ if you study medicine. however, your borrowing capacity is also a major factor.
It is different each year that you attend until you hit post graduate. You can get the limits on the Dept of Ed website.
How do you find out your personal financial need amount to be received from Canada Saskatchewan student loans-how to receive maximum as single parent with 1 dependent?
In the US, it is 15%. You should consolidate your defaulted student loans and stop the wage garnishment. You can get an income-based repayment plan and pay as little as $0 …a month, defending on your income and dependants. If you want help with the consolidation of your defaulted student loans, click on the link below.
Fha county limits determine the max amount allowed. On puchases you can only lend up to 96.5% of the appraised value or the sales price which ever is lesser. On refi's depends… on what type of refinance it is.. Cashouts up 85% .
the maximum amount of hours a student can have a semester is 6 hours the sat test
In Student Loans and Financial Aid
$20,500 per academic year, unless you are a law, medical or pharmacy student.
The maximum interest rate for consolidating FEDERAL student loans is 8.25%. If your student loans are not federal loans, though, there is no maximum interest rate.
Magnum Cash Advance can offer a loan of $1,200. Or, the amount can be up to 30% of the take home pay that is put into a checking account every month.
In Personal Finance
Several cash advance loan companies allow for a maximum amount of $1000 to be borrowed. Some companies have lower maximum amounts, based on a person's income.