What is the maximum amount of student loan debt I can take out?

In California, the maximum student loan debt you can take out depends on the type of loan you receive. Federal student loans have a maximum amount of $31,000 for undergraduate students and $57,500 for graduate and professional students. Private student loans have a maximum loan amount determined by the lender, but cannot exceed the cost of attendance. Additionally, some private lenders may offer a maximum loan limit based on your credit history. In addition to federal and private student loans, there is also a California College Access Program that provides up to $4,000 of additional funds to students who demonstrate financial need. The California College Access Program cannot exceed the total costs of attendance including tuition, fees, books, and living expenses. It is important to keep in mind that the amount of student loan debt you can take out depends on several factors, including your level of education, type of loan, and financial need. It is important to always evaluate your need for additional student loan debt, and review all options for financing your education. Finally, make sure you understand the terms of any student loan you take out, including interest rate and repayment terms and conditions.

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What is the maximum amount of student loan debt I can take out?

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