Students are limited to the amount of loan funds they can receive in an academic year (Fall, Spring, Summer). Please note that the amount you are awarded may be less than the amounts shown below. Your award is based on the information received from your FAFSA and the other types of aid you are receiving.
Many students borrow their annual limit for Fall and Spring Semesters. When this is done, there are no loan funds remaining for Summer Semester.
Plan carefully when taking out your loans if you expect to need loan funds for Summer Semester.
There is also a Aggregate (Lifetime) Loan Limit. Once you reach the Aggregate (Lifetime) Loan Limit, you will not be eligible for any additional loan funds. You can access your loan history online at: www.nslds.ed.gov.