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Federal rules dictate the amount you are allowed to receive under the federal student loan programs. In addition, if you receive any federal aid, federal rules state that your total aid, including private loans, cannot exceed your total OCOM budget. Remember that most students’ loan needs can be met through one or both of the federal loan programs. | Loan Type | Annual Limit (9-month) | Annual Limit (12-month) | Aggregate Limit (including undergraduate loans) | | Stafford | $20,500 (maximum of $8,500 in subsidized Stafford loans) | $27,334 (maximum of $11,334 in subsidized Stafford loans) | $138,500 (maximum of $65,500 in subsidized Stafford loans) | | Grad PLUS | No limit (maximum of annual budget less all other aid) | No limit (maximum of annual budget less all other aid) | No limit |
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