<p>Hey,</p>
<pre><code> Can an 18-year-old student take a loan out in his/her own name (i.e., not the parents)?
</code></pre>
<p>Thanks.</p>
<p>You can take out federal Stafford Direct Student loans for the following amounts.</p>
<p>frosh 5500
soph 6500
jr 7500
sr 7500</p>
<p>If you need more, then you need qualified co-signers.</p>