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Loan Ceilings

Discussion in 'Financial Aid' started by edieb, Mar 13, 2007.

  1. edieb

    edieb Senior Member
    10+ Year Member

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    I see a lot of medical students with more than $150K of student loan debt. How is this possible if the ceiling for student loans is $150K? Maybe the ceiling is $150K for undergraduate only????
     
  2. Haemulon

    Haemulon Slippery When Wet
    Moderator Emeritus 7+ Year Member

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    Private loans.
     
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  3. mshheaddoc

    mshheaddoc Howdy
    Moderator Emeritus 15+ Year Member

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    Lifetime Total:
    Graduate/Professional $138,500 (maximum $65,500 subsidized)
    Medical $189,125 (maximum $65,500 subsidized)

    Annual maximums:
    Graduate/Professional* $18,500 (maximum $8500 subsidized)
    Medical $38,500 (maximum $8500 subsidized)

    This includes the total for undergrad debt if you have any as well ... so you can't go over those limits.
     
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