no stafford this semester?

<p>hmm unfortunately i got an email saying i get 0 money from stafford loan this semester. i hope duke helps me out some. i doubt it tho, cuz the endowment definitely took the hit. is my disqualification for stafford linked to the economic crash? wondering if others got denied this year too.</p>

<p>The only way you don’t qualify for a Stafford is if you have merit money that equals/exceeds the cost of attendance. Otherwise, you will be eligible for at least an unsubsidized Stafford: $5500 sub/unsub (up to 3500 sub, depending on need) freshman; 6500 sub/unsub (up to 4500 sub, depending on need) sophomore; 7500 sub/unsub (up to 5500 sub, depending on need) junior/senior.</p>

<p>Another way you can be denied a Stafford is if you did not make satisfactory academic progress required to keep federal financial aid.</p>

<p>Is there any possibility you could you have maxed out? The maximum cumulative Stafford for a dependent undergrad is $31,000.</p>

<p>Oh … is “this semester” summer semester??? Your annual limit is in effect for the entire year. If you’ve already reached your annual max, you don’t get any summer loans (assuming Duke is a fall-summer aid year).</p>