How much can you borrow in graduate student loans?
Graduate Stafford loans
Graduate Stafford loans have the following annual and aggregate limits. Aggregate limits mean the sum total of all Stafford loans ever taken out, including multiple year and even undergraduate Stafford loans.
- Annual: $20,500, of which no more than $8,500 can be subsidized
- Aggregate: $138,500 of which no more than $65,500 can be subsidized
Graduate PLUS loans
Graduate PLUS loans have no limits except cost of attendance less aid, which means that you can borrow up to the cost of a graduate school education minus other financial aid you've received.
Example: East Nowhereville University has tuition and fees of $50,000 for an MBA program. You qualify for the full graduate Stafford loan amount of $20,500. This leaves $29,500 in unmet need. You can borrow up to the $29,500 in a graduate PLUS loan. If you earned a $1,000 graduate scholarship, you would have an unmet need of $28,500 and could borrow up to that in a graduate PLUS loan.
Graduate Private loans
Graduate private loans also have no limits except cost of attendance less aid, which means that you can borrow up to the cost of a graduate school education minus other financial aid you've received.
Did you still have questions you need answers to? Ask in our Graduate Financial Aid Forum!
Other graduate financial aid questions
- What are the graduate student loan interest rates?
- How much can you borrow with graduate student loans?
- What are the benefits of a private graduate loan?
- How do I qualify for graduate student loans?
- What is the best graduate student loan program?
- How do I apply for graduate financial aid?
- Why are my student loan disbursements lower than expected?
- What should I do if my family circumstances changed since submitting my financial aid applications?