31000
$31,000
$31,000-APEX
For undergraduate students, the maximum amount offered by a Direct Subsidized or Unsubsidized Stafford Loan varies based on the student's year in school. As of the 2023-2024 academic year, first-year undergraduates can borrow up to $5,500, while second-year students can borrow up to $6,500, and third-year and beyond students can borrow up to $7,500 per year. The total borrowing limit for dependent undergraduates is generally capped at $31,000, while independent undergraduates can borrow up to $57,500.
Direct Stafford loan right for apex learning
Direct Stafford loans are low-interest loans that are available to students enrolled in accredited four-year colleges, community colleges, technical schools and trade schools. There are subsidized and unsubsidized Stafford loans. Subsidized Stafford loans require that the student demonstrate financial need. Unsubsidized loans are avail bale to any student. Applying for a Stafford loan can be done for free on the FAFSA website. The school itself will determine the monetary amount of the loan.
The amount you receive depends on all of the following factors: your academic level, the length of your program of study, your status as a dependent or an independent student, and the receipt of other financial aid.
College savings plan
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Direct Subsidized Stafford Loan
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The maximum amount of federal student aid for a graduate student is typically the annual direct unsubsidized loan limit of $20,500. However, certain graduate and professional degree programs may have higher loan limits. Additionally, graduate students may also be eligible for federal work-study programs and other scholarships or grants.
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