Sub and Unsub Loans affecting Grad Plus?

Historian7
Mon, 03 Aug 2015 12:20:47 +0000

Hi.
I have a question (duh!)
I am not hitting the aggregate unsubsidized and subsidized Direct Loan limit ($138,500). But I might. If I do hit that limit, am I prevented from taking out Grad Plus loans?
Is there a limit on Grad Plus loans?
Are they looking at putting a limit on those?

I’m only fee-liable at my university for the next 3 years – after that, I only pay a small admin fee (I study overseas) of £450.
If I did hit the Direct Loan limit, I would pay for the rest with Grad Plus. I just want to make sure I’m able to. I would hate to hit that and have to stop in the middle of an education. The student loans website isn’t clear.