UM Financial Aid -- NSLDS Excess Loan Limits

NSLDS Excess Loan Limits

When you submitted your Free Application for Federal Student Aid (FAFSA), the National Student Loan Data System (NSLDS) reported that you may have received student loans in excess of loan limits established for the federal loan programs based on your grade level and dependency status.

Based on the above information we will not award you federal aid. If you feel this is incorrect, please contact our office for further assistance.

Below are the maximum amounts you may borrow.

If dependent, your combined subsidized and unsubsidized Stafford annual eligibility is as follows:

	Freshman	Sophomore	Junior	Senior	Graduate
Subsidized and/or Unsubsidized	$3,500	$4,500	$5,500	$5,500	N/A

If independent, your subsidized and unsubsidized Stafford annual eligibility is as follows:

	Freshman	Sophomore	Junior	Senior	Graduate
Subsidized	$3,500	$4,500	$5,500	$5,500	$8,500
Unsubsidized	$4,000	$4,000	$5,000	$5,000	$12,000
Total	$7,500	$8,500	$10,500	$10,500	$20,500

The cumulative maximum amount that may be borrowed as an undergraduate is $23,000 for a dependent and $46,000 for an independent student. The cumulative combined maximum for both undergraduate and graduate loans is $65,500 for subsidized only and $138,500 for unsubsidized and subsidized combined.