How Much Money Can I Borrow?

Loan limits for Federal Stafford and Perkins loans are the maximum a student can borrow. Students cannot borrow more than the cost of education minus any other financial aid.

Federal Stafford Loans

Grade Level

Aggregate loan maximums

Subsidized

Unsubsidized

Total

Dependent undergraduate student

 $23,000 and/or $8,000 $31,000

Independent undergraduate

 $23,000 and $34,500 $57,500

Graduate (Acupuncture and Oriental Medicine)

 -- $138,500 $138,500

Graduate Professional (Chiropractic)            

 -- $224,000 $224,000

Loan limits are determined by federal guidelines.

Federal PLUS Loans

For information on how much money you can borrow, contact the Financial Aid Office.

Federal Perkins Loans

Grade Level

Aggregate loan maximums

For any student who has not completed two academic years of undergraduate work.

$11,000

For an undergraduate student who has completed two academic years and is pursuing a bachelor’s degree.

$27,500

For a graduate or professional student, including loans borrowed as an undergraduate student.

$40,000

Awards may vary each trimester.

SELF Loans - State of Minnesota

For information on how much money you can borrow, visit SELF Loans.

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