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What is the maximum amount of federal student aid for a graduate student?
Wiki User
∙ 13y ago
$20,500 per academic year, unless you are a law, medical or pharmacy student.
Wiki User
∙ 13y ago
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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What is the maximum amount of direct Stafford money a student can obtain?
31000
Student loan debt for a college graduate?
Is this a question? Are you asking the average amount? Some but not all have student loan debt after graduation.
Federal Student Loan Limits?
Federal student loan limits are based upon financial need and year in college. The following loans are available:Stafford dependent undergraduate student loansFirst year total $5,500, maximum of $3,500 in subsidized loansSecond year total 6,500, maximum of $4,500 in subsidized loansThird year, juniors and seniors total of $7,500, maximum of $5,500 in subsidized loansPreparatory course for undergraduate program - $2,625 subsidized loans onlyPreparatory course for professional program -$5,500 subsidized loans onlyTeacher certification -$5,500 subsidized loans onlyTotal maximum loan limit for dependent undergraduate students may not exceed $31,000, with a maximum of $23,000 in subsidized loans.Stafford independent undergraduate student loans:First year - $9,500, maximum $3,500 in subsidized loansSecond year - $10,500, maximum $4,500 in subsidized loansThird year, juniors and seniors - $12,500, maximum $5,500 in subsidized loansPreparatory course for undergraduate program - $8,625, maximum $2,625 in subsidized loansPreparatory course for professional program -$12,500, maximum $5,500 in subsidized loansTeacher certification -$12,500, maximum $5,500 in subsidized loansTotal maximum loan limit for independent undergraduate students may not exceed $57,500, with a maximum of $23,000 in subsidized loans.Stafford graduate and medical student loansGraduate students -$20,500 with a maximum $8,500 in subsidized loans. Total maximum loan limits - $138,500, with a maximum $65,500 in subsidized loans Medical students - $40,500 with a maximum $8,500 in subsidized. Total maximum loan limit of up to $224,000, with a maximum $65,500 in subsidized loans.Perkins Subsidized LoansThe school acts as the lender and uses funds that are provided by the federal government for students who demonstrate an exceptional financial need. Amounts are determined by the student's financial aid office. Maximum limits per year for undergraduate students are $5,500 and $8,000 for graduate students. The total maximum loan limit amount is $27,500 for undergraduate students and $60,000 for combined undergraduate and graduate loans.Graduate and professional student PLUS loansThe PLUS loan is available for students or their parents on the student's behalf. The loan limits are based upon the student's cost of attending school less any other financial aid they receive.
How many student loans can you take out?
You can take out varying amount of loans and amounts. The factors this is based on are undergraduate or graduate, independent or dependent. For an undergraduate, federal loans totaling 23,000 is the limit. You can take out private loans as well.
What is the maximum amount of direct Stafford loan money a student can obtain?
$31,000
The maximum amount of direct stafford loan money a student can obtain is?
$31,000-APEX
Will you get a refund if your federal tax refund amount is larger than the amount of a delinquent student loan?
Yes this is possible
What is the most money you can get from applying for school loans?
The maximum amount of money a student can get from applying from loans actually depends on the the student. A good thing to do is actually calculate the amount with a web source.
How can you get money for college after reaching the maximum federal loan amount?
Find a job to increase your reserves.
What is the Maximum Dollar amount allowed to win in any Canadian Lottery by Federal Law?
I hear it is $100 Million
Take Out Subsidized Federal Student Loans?
When taking out federal student loans, try to take out the maximum amount of subsidized loans possible. Subsidized loans carry a lower interest rate than non-subsidized loans. You can end up saving a lot of money in interest fees by taking out subsidized loans. You should always try to qualify for as much subsidized loan money as possible.
Can the government pay for college tution?
A student can apply for financial aid through the federal government by filling out a FAFSA application. The FAFSA will determine the amount of Federal Student Loans (Stafford Loans) and Federal Grants that the student is eligible for. Sometimes this will cover the entire cost of tuition depending on financial need and the cost of the school.
