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

In Tennessee, the maximum amount of student loan debt you can take out depends on factors such as your school, program of study, and your financial need. Your school will provide you with information about its specific loan limits for each type of student loan program. Generally speaking, the maximum annual loan limit for an undergraduate student is $5,500 for a first-year student and $20,500 for a student in their fifth year or beyond. The maximum amount of Direct Subsidized Loans and Direct Unsubsidized Loans combined for an undergraduate student is $31,000, with no more than $23,000 of that amount being in subsidized loans. The maximum aggregate loan limit for a graduate student is $138,500, with no more than $65,500 of that amount in subsidized loans. Additionally, the aggregate loan limit for federal loans for professional students is $224,000. Be sure to research your particular school and program of study to determine the exact loan limits for your situation.

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

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