ISAC Student PortalLoan Amounts
All new federal student loans are administered and funded by the U.S. Department of Education (ED) under the William D. Ford Federal Direct Loan Program (Federal Direct Loans). Students and parents may find information regarding Federal Direct Loans by visiting the Loans page of ED's Federal Student Aid website, or by contacting the college’s financial aid office.
Subsidized and Unsubsidized
In addition to financial need, the amount of student loans that can be borrowed depends upon several factors, such as a student's year in school and whether the loan(s) are subsidized or nonsubsidized. For more detailed information on determining loan periods, annual and aggregate loan limits, and proration, see “Volume 3 – Calculating Awards and Packaging” of the Federal Student Aid Handbook.
Federal Stafford Loan Limits
Maximum annual limits for undergraduate and graduate students are monitored by the college based on federal regulations.
| Annual Limits |
Subsidized |
Total (Subsidized & Unsubsidized) |
| Dependent Undergraduates | ||
| First Year | $3,500 | $5,500 |
| Second Year | $4,500 | $6,500 |
| Third Year and higher | $5,500 | $7,500 |
| Independent Undergraduates* | ||
| First Year | $3,500 | $9,500 |
| Second Year | $4,500 | $10,500 |
| Third Year and higher | $5,500 | $12,500 |
| Graduate and Professional Students | Not eligible | $20,500 |
| Aggregate Limits | Subsidized | Total (Subsidized & Unsubsidized) |
| Dependent Undergraduates | $23,000 | $31,000 |
| Independent Undergraduates* | $23,000 | $57,500 |
| Graduate and Professional Students | $65,500 | $138,500 |
Additional Information on Loan Limits
- Certain health professions students may qualify for increased loan limits depending on the program of study.
- Annual loan limits for undergraduate students are prorated.
- *Independent students may qualify for additional unsubsidized Stafford loan amounts. Dependent students may also qualify for additional amounts if determined eligible by the financial aid administrator or if the parents do not qualify for a Federal PLUS loan.
- Preparatory and Teacher Certification students have increased loan limits.
Federal PLUS Loan Limit
The annual maximum amount that can be borrowed under the Federal PLUS Loan Program is equal to the cost of attendance minus (-) financial aid received. There is no aggregate maximum.
Interest Rates, Fees and Disbursements
Direct Loan Limits, Rates and Fees
Loans are generally disbursed in at least two installments, and proceeds are electronically transmitted to the college.
