ÀóÖ¦ÊÓƵ

Direct Loans are available to U.S. students. You must be studying at least half-time (3 or more 3.00 credit courses per term) in an eligible degree-granting program. Students enrolled in the following programs aren’t eligible for direct loans:

• A certificate program
• Nursing
• Medicine (MD program)
• Veterinary Medicine (DVM program)
• Open Studies

Open Studies students should explore options through the .

Students on an approved exchange or study abroad may be eligible to receive Direct Loans.

Loan maximums are limited by a borrower's year of study. You can obtain direct loans to cover your calculated cost of attendance, up to the following maximums:

First year (dependent students)

• Subsidized:  $3,500
• Unsubsidized:  $2,000
• Total:  $5,500

First year (independent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $3,500
• ±«²Ô²õ³Ü²ú²õ¾±»å¾±³ú±ð»å: $6,000
• °Õ´Ç³Ù²¹±ô: $9,500

Second year (dependent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $4,500
• ±«²Ô²õ³Ü²ú²õ¾±»å¾±³ú±ð»å: $2,000
• °Õ´Ç³Ù²¹±ô: $6,500

Second year (independent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $4,500
• Unsubsidized: $6,000
• °Õ´Ç³Ù²¹±ô: $10,500

Third/fourth year (dependent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $5,500
• ±«²Ô²õ³Ü²ú²õ¾±»å¾±³ú±ð»å: $2,000
• °Õ´Ç³Ù²¹±ô: $7,500

Third/fourth year (independent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $5,500
• ±«²Ô²õ³Ü²ú²õ¾±»å¾±³ú±ð»å: $7,000
• °Õ´Ç³Ù²¹±ô: $12,500

Graduate/professional (independent students)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: N/´¡
• Unsubsidized: $20,500 per year
• °Õ´Ç³Ù²¹±ô: $20,500

Lifetime loan limit (dependent students–undergraduate)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $23,000
• ±«²Ô²õ³Ü²ú²õ¾±»å¾±³ú±ð»å: $8,000
• °Õ´Ç³Ù²¹±ô: $31,000

Lifetime loan limit (independent students–undergraduate)

• ³§³Ü²ú²õ¾±»å¾±³ú±ð»å: $23,000
• Unsubsidized: Dependent on subsidized
• °Õ´Ç³Ù²¹±ô: $57,500

Lifetime loan limit (professional and graduate students)

• Subsidized: $65,500 (obtained as an undergraduate)
• Unsubsidized: Dependent on subsidized
• °Õ´Ç³Ù²¹±ô: $138,500

Parent PLUS loans

• New borrowers: $20,000/student
• Lifetime limit: $65,000* 

*Note: Students who were already borrowers before July 1, 2026 can still borrow up to their cost of attendance for an additional three years. 

You can apply for direct loans by following these easy steps:

1. Complete the  The ÀóÖ¦ÊÓƵ's school code is G07874
2. If you're a first-time loan borrower, complete 
3. E-sign your  This must be done annually.
4. Complete and submit the 2025-2026 UÀóÖ¦ÊÓƵ US Loan Application (PDF). 

Complete applications will be assessed within 15–20 business days. All required documentation must be submitted before an application will be considered complete. Some applications may take longer due to flags or verifications from the FAFSA.

If you're approved, you'll be notified and receive your funding letter through your service request. The letter will outline loan amounts and disbursements. Loan applications received before Aug. 1 will be disbursed on the following schedule:

• Disbursement 1: September (October for first-year, first-time borrowers)
• Disbursement 2: January
• Disbursement 3: May (graduate students only)

Loan applications take 15–20 business days to assess. Begin the loan process early to make sure you get your loan funds in time for fee payment deadlines.

You must submit your application by Aug. 1 to guarantee disbursement in September. Applications submitted after Aug. 1 will be assessed within 15–20 business days.

Applications will be accepted up to 30 days before the last date of studies.

Smart Option loans are available to American students who:

• Are attending school full-time, half time, less than half time, or taking prerequisite courses
• Are studying abroad
• Still need funds after maximizing grants, scholarships and federal student loans
• Are seeking a professional certification or enrolled in a continuing education program
• Are taking courses that don’t qualify for federal student loans

After approval from Sallie Mae, you can borrow funds up to their full cost of attendance. Any other funding you receive (such as scholarships or other loans) will be deducted from this amount.

To apply for a loan, complete an application through . The ÀóÖ¦ÊÓƵ's school code is G07874.

If you’re approved, you’ll receive a Notification of Funding Eligibility letter by email. It will outline your loan amounts and disbursements. Loan applications received before Aug. 1 will be disbursed on the following schedule:

• Disbursement 1: September (October for first-year, first-time borrowers)
• Disbursement 2: January
• Disbursement 3: May (graduate student only)

Your loan funds will be sent by Sallie Mae to UÀóÖ¦ÊÓƵ's Finance department. Once the electronic funds transfer arrives, it'll be posted to your account.

Loan applications take 15–20 business days to assess. Begin the loan process early to make sure you get your loan funds in time for fee payment deadlines.

Submit your application no later than Aug. 1 To guarantee disbursement in September,

Applications submitted after Aug. 1 will be assessed within the regular 15–20 business day assessment timeframe.

Earnest Student loans are available to American students:

• Attending school full time, half time, or less than half-time, or taking prerequisite classes
• Studying abroad
• Who need additional funds after maximizing grants, scholarships, and federal student loans

After approval from Earnest, you can borrow funds up to their full cost of attendance. Any other funding you receive (such as scholarships or other loans) will be deducted from this amount.

To apply for a loan, complete an application through .

If you’re approved, you’ll receive an email from Earnest. It will outline your loan amounts and disbursements. Loan applications received before Aug. 1 will be disbursed on the following schedule:

• Disbursement 1: September (October for first-year, first-time borrowers)
• Disbursement 2: January
• Disbursement 3: May (graduate student only)

Loan funds are disbursed directly to UÀóÖ¦ÊÓƵ. Once the funds are received by Finance, they’ll be posted to your account.