Federal Direct Stafford Loans

 

The federal government offers two types of Federal Direct Stafford Loan programs:

Requirements/Eligibility:

Interest and Repayment Information:

Direct Stafford Loan Limit Tables

Year in school

Dependent undergraduate
(whose parents are able to obtain PLUS Loans)

Independent undergraduate
(and dependent students whose parents are
unable to obtain
PLUS Loans)

Graduate and professional
degree students

Freshmen
(0-29 earned credits)

$5,500
($3,500 max in
subsidized loans)

$9,500
($3,500 max in
subsidized loans)

$20,500
(all unsubsidized
as of July 1, 2012)

Sophomore
(30-59 earned credits)

$6,500
( $4,500 max in
subsidized loans)

$10,500
( $4,500 max in
subsidized loans)

Junior
(60-89 earned credits)

$7,500
( $5,500 max in
subsidized loans)

$12,500
( $5,500 max in
subsidized loans)

Senior
(90+ earned credits)

$7,500
( $5,500 max in
subsidized loans)

$12,500
( $5,500 max in
subsidized loans)

Aggregate Limits

$31,000
($23,000 max in
subsidized loans)

$57,500
($23,000 max in
subsidized loans)

$138,500
($65,500 max in
subsidized loans)

 

Contact Us

Financial Aid Office
Hamilton Hall
210 Glasgow Road
Edinboro, PA 16444
Email: finaid-edn@pennwest.edu
Phone: 814-732-3500
Fax: 814-732-2129

Hours of Operation:
Monday – Friday, 9 a.m. to 4 p.m.