Office of Student Financial Assistance
Office Hours: Summer 2017 (9:00AM to 5:00PM daily)
New Location: Millican Hall, Room 107

Federal Stafford Loan Borrowing Limits

The total combined amounts a student may borrow in subsidized and unsubsidized Stafford loans may not exceed the annual loan limits or aggregate limits, which are specified in federal regulations.

The amount of the subsidized loan combined with other “need-based” aid cannot exceed the student’s “financial need.” The EFC is based on information collected from the Free Application for Federal Student Aid (FAFSA). There is time limitation on Federal Direct Subsidized loans. For more information, please click here.

Although the unsubsidized loan is a non-need based aid, the amount of the unsubsidized loan, combined with other aid, cannot exceed the total estimated cost of attendance.

All awards, including accepted Direct Stafford Loans, are subject to change if corrections to your financial aid package are required.

Transfer Students

The amount of loans received at a previous institution my affect your eligibility to receive loans at UCF.

If you received Federal Direct Stafford loans during this academic year at another institution, make sure that the remainder of that loan is canceled before applying for a loan at UCF.

Annual Limits

Annual loan limits are determined by class standing (freshman, sophomore, etc.) and dependency status.

Class Level Credits Earned
Freshman 01 – 29
Sophomore 30 – 59
Junior 60 – 89
Senior 90 -120

NOTE: A dependent student whose parent has been denied a PLUS loan during the current aid year may be eligible to receive Federal Stafford loans at the independent level with proof of PLUS loan denial from the lender. A PLUS loan letter of denial from the lender is only valid for one aid year.

Loan Borrowing Limits Per Academic Year Fall & Spring

Dependent

Maximum Subsidized Additional Unsubsidized Combined Subsidized & Unsubsidized
Freshman $3,500 $2,000 = $5,500
Sophomore $4,500 $2,000 = $6,500
Junior/ Senior $5,500 $2,000 = $7,500

Independent

Maximum Subsidized Additional Unsubsidized Combined Subsidized & Unsubsidized
Freshman $3,500 $6,000 = $9,500
Sophomore $4,500 $6,000 = $10,500
Junior/ Senior $5,500 $7,000 = $12,500
Graduate $0* $20,500 = $20,500

Summer Loan Limits

Summer loans will be available for eligible students

Max Term Amounts are listed below

Dependent

Maximum Subsidized Additional Unsubsidized Combined Subsidized & Unsubsidized
Freshman $1,750 $1,000 = $2,750
Sophomore $2,250 $1,000 = $3,250
Junior/ Senior $2,750 $1,000 = $3,750

Independent

Maximum Subsidized Additional Unsubsidized Combined Subsidized & Unsubsidized
Freshman $1,750 $3,000 = $4,750
Sophomore $2,250 $3,000 = $5,250
Junior/ Senior $2,750 $3,500 = $6,250
Graduate $0* $10,250 = $10,250

Proration of Direct Loans for Graduating Seniors

Federal regulations require schools to prorate the Federal Direct Stafford Loan amount for graduating undergraduate students when their final period of enrollment is less than half-time and less than a full academic year. For more details, please click here.

Aggregate Limits

The total amount that a student may borrow for the academic career is called the aggregate limit, which is specified in federal regulations. See Total Aggregate Limits for more details.