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Our Best Answer - How much can I borrow for attendance at SMC?
Basic Stafford Loan Levels are as follows:
|
Grade Level |
Degree Applicable Units Completed |
Loan Limits |
|
Students in Year 1: $3,500 |
0 - 29 |
$3,500 |
|
Students in Year 2: $4,500 |
30 - 59 |
$4,500 |
SMC's Loan Debt Management Plan recommends a cumulative loan threshold of $15,000.
|
Annual Additional Unsubsidized Stafford Loan limits are: |
|
|
Dependent Students in Year 1 or Year 2 |
$2,000 |
|
Independent Students in Year 1 or Year 2 |
$6,000 |
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