cumulative loan amount

[DD214_DOC]

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Does the cumulative stafford amount for medical students include any debt incurred from undergrad? Say I had $30,000 from undergrad. Would it be MAX = $138,500 - $30,000 = $108,500?

 

[mpp]

Yes, Stafford loans are cumulative. But for medical students, the aggregate maximum is $189,125.

 

[cosmicstarr]

Yes, Stafford loans are cumulative. But for medical students, the aggregate maximum is $189,125.

What if the undergrad loans are fully paid off? Does the undergrad loan amount still get deducted from the aggregate maximum?

 

[mpp]

No, the maximum includes loans outstanding.