Borrower Eligibility:
Students must be a US citizen or permanent resident enrolled at least half time (for undergraduate students this means at least 6 credits in a semester at La Salle). Must not be in default on any education loan or owe a refund on an education grant.
Annual Loan Limits - Subsidized* & Unsubsidized ** Effective July 1, 2008 will not apply to Summer 20008 loans |
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| Years | Dependent Undergraduate | Independent Undergraduate or Dependent Students with parents denied for a Parent plus loan |
| 1st | $5,500 - No more than $3,500 of this amount may be in subsidized loans |
$9,500 - No more than $3,500 of this amount may be in subsidized loans |
| 2nd | $6,500 - No more than $4,500 of this amount may be in subsidized loans | $10,500 - No more than $4,500 of this amount may be in subsidized loans |
| 3rd & Beyond (each year) | $7,500 - No more than $5,500 of this amount may be in subsidized loans | $11,500 - No more than $5,500 of this amount may be in subsidized loans |
| Maximum total debt | $31,000 - No more than $23,000 of this amount may be in subsidized loans | $57,500 - No more than $23,000 of this amount may be in subsidized loans |
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We
love questions. E-mail us at finserv@lasalle.edu.