Federal Stafford Direct Loan Application

The loan amounts shown below reflect the maximum amount that you may borrow for an academic year:

Grade Level Cumulative Credits Maximum Annual Loan Limits
    Dependent Independent
Freshman 0-29 $3,500 + $2,000 totaling $5,500* $3,500 + $6,000 totaling $9,500**
Sophomore 30-59 $4,500 + $2,000 totaling $6,500* $4,500 + $6,000 totaling $10,500**

* The Annual Undergraduate Loan Limits above include the recent $2,000 loan limit increase. This amount is all Unsubsidized dollars regardless of need or PLUS activity not to exceed cost attendance as determined by the school.

** The additional $6,000 (previously set at $4,000) amount under the independent column will be funded out of the Unsubsidized Stafford Loan program. This means that the borrower will be responsible for the interest while he/she is enrolled.

Darton State College Loan Facts:

Subsidized Federal Stafford Loan: This loan is available to students with financial need as determined by the results of the FAFSA. The government pays the interest while the student remains enrolled at least half time.

Unsubsidized Federal Stafford Loan: This loan is a non-need based loan. The borrower is responsible for interest that accrues from the date the loan is disbursed.

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