Loans are awarded to students based on their academic status, financial need and unmet costs.
- First year students are defined as those who have up to 29 credit hours.
- Second year students are defined as those who have between 30 and 72 credit hours.
Dependent Students = maximum subsidized + unsubsidized limit
| 2007-2008 | | | | 1st year | = | $3,500 | | 2nd year | = | $4,500 |
| | 2008-2009 | | | | | | 1st year | = | $5,500 | $2,000 | $7,500 | | 2nd year | = | $6,500 | $2,000 | $8,500 |
|
Independent Students = maximum subsidized + additional unsubsidized = total maximum
2007-2008
| 1st year | = | $3,500 | + | $4,000 | = | $7,500 |
| 2nd year | = | $4,500 | + | $4,000 | = | $8,500 |
2008-2009 | 1st year | = | $3,500 | + | $6,000 | = | $9,500 |
| 2nd year | = | $4,500 | + | $6,000 | = | $10,500 |