Loan Aggregate Reviews

kelsmom
Wed, 14 Aug 2019 18:36:19 +0000

The total amount you can borrow (subsidized + unsubsidized) as an undergraduate is $57,500 (of which up to $23,000 may be subsidized). Your remaining subsidized eligibility is $23,000-$11,500 (subsidized borrowed to date)=$11,500 (but you are limited to how much can be subsidized in a given year). Your remaining loan eligibility (subsidized + unsubsidized) is $57,500 - $29,500 (subsidized + unsubsidized borrowed to date) = $28,000 (but you are limited to a certain amount annually based on your class standing - freshman $9,500 - of which up to $3500 may be subsidized; sophomore $10,500 - of which up to $3=4500 may be subsidized; junior/senior $12,500 - of which up to $5500 may be subsidized).

The financial aid staff member who reviewed your loans is incorrectly including interest. Please contact the school and ask for a review of your loans.