Stafford Loans

Financing Medical School 

Unsubsidized Stafford Loan Limits

The Unsubsidized Stafford Loan is available to all students regardless of income or credit. This loan is not subsidized by the federal government. You are responsible for all interest that accrues while you are in school, in deferment or during your grace period. You may choose to make interest payments while in school or defer (and accumulate) the interest until repayment. 

Annual

Available amount for...

Year 1 student =  $40,500

Year 2 student =  $40,500

Year 3 student =  $47,167

Year 4 student =  $47,167

Aggregate

Over lifetime of student borrowing the aggregate limit is $224,000 . Does not include Perkins, Grad PLUS or other outside loans.

If you “max out” each year:

  •     $  40,500   Year 1
  •     $  40,500   Year 2
  •     $  47,167   Year 3
  •      $  47,167   Year 4
  •     $175,334    Total Stafford Loans Borrowed over a 4 Year Period

$224,000 Aggregate Limit  - $175,334 Borrowed if Stafford Loans are Maxed Out for 4 Years =    $48,666   Remaining Stafford Loan Eligibility

If you matriculate with more debt than $48,666, you will hit the aggregate limit.