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

The maximum amount of student loan debt you can take out in Kansas varies depending on the type of loan you get. For a federal loan, the limits are determined by the U.S. Department of Education. For undergraduate students, the aggregate limit is $57,500 for Dependent students and $31,000 for Independent students. This includes both subsidized and unsubsidized loans. Additionally, the aggregate limit for undergraduate students is $34,500 for Health Professionals and $138,500 for Graduate and Professional students. In addition to the aggregate loan limits, there are annual loan limits that you must keep in mind. For undergraduate students, the annual loan limit is $5,500 for Dependent students and $9,500 for Independent students. The annual loan limit for Health Professional students is $8,500, and Graduate and Professional students is $20,500. When it comes to private loans, the amount of money you can borrow depends on the lender. Some lenders may have a maximum loan limit, while others may have more flexible limits. It is important to research the different lenders and their loan limits before taking out a private loan. Overall, it is important to understand the limits of student loan debt before taking out a loan. Research and calculate your budget before taking out a loan, to make sure it is in your best interest and that you can afford the loan.

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

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