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Office of Student Aid
Penn State Federal School Code: 003329

Office of Student Aid : Loans : Federal Direct Stafford Loan : Loan Amounts-Undergraduate Students

Direct Stafford Loan Amounts for Undergraduate Students


Yearly Limits for Undergraduate Studentsa

Direct Stafford Loan
(subsidized and unsubsidized)

Extended Direct Stafford Loanb
(unsubsidized)

First year
(0-27 credits)
$3,500
$4,000
Second year
(27.1-59 credits)
$4,500
$4,000
Third year
(59.1-91 credits)
$5,500
$5,000
Fourth year
(91.1 + credits)
$5,500
$5,000
Fifth and additional years
(123.1 + ) (if needed)
$5,500
$5,000
Teacher Certificationc Only
(Based on fifth year)
$5,500
$7,000

a) Undergraduate Students - Yearly loan amounts may be limited based on other financial aid received and the cost of attendance while enrolled. Loans and other aid can never exceed your cost of attendance, even if you have not reached the yearly loan maximum.

b) Extended Direct Stafford Loan is awarded to only (1) independent students and (2) dependent students, if a parent has been denied the Parent Direct PLUS Loan.

c) Teacher Certification - Due to federal statute, Federal Direct Stafford Loan eligibility is based on fifth year undergraduate loan limits even though you are required to have a bachelor's degree and your admission is administered by the Graduate School at Penn State.

Career Maximum for Undergraduate Students

Career Maximum for Undergraduate Students

Direct Stafford Loan
(subsidized and unsubsidized)

Extended Direct Stafford Loan**

 
$23,000
$23,000

To determine the cumulative amount of Stafford loans you have borrowed to date, access NSLDS.

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