The student loan amount you can borrow depends upon a number of factors including your enrollment, dependency status per FAFSA, declared program of study, current outstanding loan balance, and more. For more information about your student loan borrowing eligibility, please contact your Financial Aid Office.
Loan Table
Grade Level 1
Dependent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $5,500
Maximum Subsidized - $3,500
Independent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $9,500
Maximum Subsidized - $3,500
Grade Level 2
Dependent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $6,500
Maximum Subsidized - $4,500
Independent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $10,500
Maximum Subsidized - $4,500
Grade Level 3 and Beyond
Dependent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $7,500
Maximum Subsidized - $5,500
Independent Student Estimated Loan Award
Total Subsidized and Unsubsidized - $12,500
Maximum Subsidized - $5,500
These totals are the max amount of Federal Direct Loans you may receive in an academic year. Your actual amount will depend on grade level, enrollment, cost of attendance budget and other aid (such as Federal Pell Grant, other scholarships and grants, Federal Work Study). For more information regarding Federal Direct Loans and to complete a Loan Request Statement, go to PHSC Federal Loans web page.