What is the Maximum Federal Student Loan Amount?

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  • Опубліковано 2 лют 2025

КОМЕНТАРІ • 21

  • @sleepysounds8340
    @sleepysounds8340 2 роки тому +1

    Can you take the loan even if you don't need it to cover tuition cost? I had pell grant that covers my tuition. but could really use the loan for other things like a new computer

  • @vevenaneathna
    @vevenaneathna 3 роки тому

    dont forget the special direct loan limits for medical students, i think its 240k? this limit has also been expanded to pharmacy, dental, and other health students.
    then there are direct plus which isnt limited and is capped at like the total cost of attendance or something like that

  • @darryluroza
    @darryluroza 3 роки тому +4

    This is good and informative video. I want to ask, does it matter where state is located the university?

    • @LendEDU
      @LendEDU  3 роки тому

      Thank you! The specific state should not have much an impact on federal student loan limits. Only the cost of the school will have an impact, in addition to the specific student

    • @darryluroza
      @darryluroza 3 роки тому

      @@LendEDU my annual trimester would be $6,500 but I have to pay rent, gas etc. I’m master in finance. Can I get 20k in loans?

    • @LendEDU
      @LendEDU  3 роки тому

      While you may not be able to get $20k in federal student loans depending on if you're in undergrad or graduate school, you may be able to get $20k in private student loans depending on your financial qualifications

    • @darryluroza
      @darryluroza 3 роки тому

      @@LendEDU can’t be private loans :(

    • @teopolinajohannes8054
      @teopolinajohannes8054 3 роки тому

      Can you refer any federal loan for international student from Namibia

  • @greattimegaming2061
    @greattimegaming2061 3 роки тому

    Does the 138,500 cap on federal grad student loans include any grad plus loans? Example: if I don’t have enough to cover law school with my federal student loans would I not be able to use grad plus loans?

  • @usmleck7000
    @usmleck7000 3 роки тому

    Thank you so much 😊
    Keep it up 👍

  • @ceeceebrownn
    @ceeceebrownn Рік тому

    So what I pose to do if I go pass my max?

  • @jonathanlorio3265
    @jonathanlorio3265 3 роки тому +2

    If I owe more than 138,500 including principal and interest, does that affect how much I can take out in my Grad Plus Loan?
    Thanks for making this video! It was short to the point and informative! 🙏

    • @lextacy2008
      @lextacy2008 3 роки тому

      Im interested in an answer to this as well

    • @chief5981
      @chief5981 2 роки тому

      $140,000 isn’t enough???
      Good luck in life

  • @claudiaalvarado2107
    @claudiaalvarado2107 2 роки тому

    I have a few questions. Is there a way to talk to you? 😃

  • @mark.brewster
    @mark.brewster 2 роки тому +1

    Can you apply for a Parent Plus Student Loan if you are an independent student?

    • @chief5981
      @chief5981 2 роки тому

      Was that a serious question?

  • @them12biggates26
    @them12biggates26 3 роки тому

    How do they pay out

  • @lextacy2008
    @lextacy2008 3 роки тому

    Anyone ever blow past their maximum?

  • @Sinatra021
    @Sinatra021 4 місяці тому

    Student loans are such a boogie man. If you pick a good degree and are competent you can pay them off easily in 5 years.