How many years can you get student loans?

Paying for College
1

<p>For a student who transfers and may need 6.5 years to get their first degree how many years can you get student loans? </p>

2

<p>Oh forgot to add this student is planning to do a 5 year undergrad + masters which is adding one of the years</p>

3

<p>Time limit for Direct Subsidized Loans.</p>

<p>See <a href=“https://studentloans.gov/myDirectLoan/directSubsidizedLoanTimeLimitation.action[quote]Maximum”>https://studentloans.gov/myDirectLoan/directSubsidizedLoanTimeLimitation.action

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4

<p>I believe basically it’s 6 years.</p>

5

<p>If it is a 3 + 2 degree, the final two years can count as graduate school, which MAY increase the availability of federal loans. </p>

6

<p>There are dollar amount limits as well as time limits. Grad school limits are separate from undergrad limits
<a href=“https://studentaid.ed.gov/types/loans/subsidized-unsubsidized#how-much”>https://studentaid.ed.gov/types/loans/subsidized-unsubsidized#how-much&lt;/a&gt;&lt;/p&gt;

7

<p>The final two years , if grad school, could put this student into the independent for financial aid category.</p>

8

<p>It depends on how the school classifies the student. If the school classifies them as grad students for aid purposes, it allows a higher amount of borrowing for the student … but no sub (since no sub at grad level), and no Pell if student is otherwise Pell-eligible (and possibly no institutional grants, depending on the school and its policies). Also, grad loan interest rates are higher than undergrad interest rates.</p>