<p>Background: My mother is refusing to co-sign any loans for me and is probably not going to help me much in affording college.</p>
<p>Who is eligible for Direct unsubsidized loans? How much can a student take out each year?</p>
<p>Background: My mother is refusing to co-sign any loans for me and is probably not going to help me much in affording college.</p>
<p>Who is eligible for Direct unsubsidized loans? How much can a student take out each year?</p>
<p>[Subsidized</a> and Unsubsidized Loans | Federal Student Aid](<a href=“http://studentaid.ed.gov/types/loans/subsidized-unsubsidized]Subsidized”>http://studentaid.ed.gov/types/loans/subsidized-unsubsidized)</p>
<p>@Bob … Trust me, I’ve looked there. But I got the impression that you can take out as much as you need, which I doubt. I was hoping someone could explain it to me.</p>
<p>$5500/year is the usual maximum (unsub + sub loans).</p>
<p>Most information you would want is in the Financial Aid FAQ at the top of this forum.</p>
<p>
Federal Direct Loan Limits (Dependent Undergraduate Students) </p>
<p>Freshman $5,500 ($3,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized)</p>
<p>Sophomore $6,500 ($4,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized)</p>
<p>Junior or Senior $7,500 ($5,500 between base subsidized and unsubsidized, plus an additional $2,000 unsubsidized)</p>
<p>Aggregate Loan Limits $31,000 (up to $23,000 may be subsidized)</p>
<p>Have you file FAFSA yet?</p>