DIRECT SUBSIDIZED AND UNSUBSIDIZED LOANS 
             MAXIMUM ANNUAL LOAN AMOUNTS AND INTEREST RATES 
              www.studentaid.gov 
 
                 
      2024-2025 
 
                           
               www.uvi.edu 
 
 
DEPENDENT STUDENT 
 
 
Borrower’s 
Academic Level 
 
   
Dependent Undergraduate Student 
   
   
 
Amount 
Base / Net 
   
 
   
Additional Unsubsidized 
Amount Base / Net 
   
 
Subsidized Loan Limits 
     
 
Freshman 
    
  
 
$3,500.00 / $3,464.00 
 
   
$2,000.00 / $1,980.00 
     
No more than $3,500 of this amount  
may be in subsidized loans 
      
     
 
Sophomore 
    
  
 
$4,500.00 / $4,452.00 
 
   
$2,000.00 / $1,980.00 
     
No more than $4,500 of this amount  
may be in subsidized loans 
      
     
 
Junior or Senior 
    
  
 
$5,500.00 / $5,442.00 
 
   
$2,000.00 / $1,980.00 
     
No more than $5,500 of this amount  
may be in subsidized loans 
      
   
INDEPENDENT STUDENT 
 
 
Borrower’s 
Academic Level 
 
   
Independent Undergraduate Student 
    
   
 
Amount 
Base / Net 
   
 
   
Additional Unsubsidized 
Amount Base / Net 
   
 
Subsidized Loan Limits 
     
 
Freshman 
    
  
 
$3,500.00 / $3,464.00 
 
   
$6,000.00 / $5,936.00 
     
No more than $3,500 of this amount  
may be in subsidized loans 
      
     
 
Sophomore 
    
  
 
$4,500.00 / $4,452.00 
 
   
$6,000.00 / $5,936.00 
     
No more than $4,500 of this amount  
may be in subsidized loans 
      
     
 
Junior or Senior 
    
  
 
$5,500.00 / $5,442.00 
 
   
$7,000.00 / $6,926.00 
     
No more than $5,500 of this amount  
may be in subsidized loans 
      
   
GRADUATE STUDENT 
 
Borrower’s 
Academic Level 
 
   
Graduate Student 
   
   
 
   
Unsubsidized Amount Base / Net 
   
     
Graduate or Professional Student 
    
  
   
$20,500.00 / $20,282.00 
    
 
          These are the maximum amounts that you can borrow for a full academic year.  For periods of study that are shorter than an 
academic year, the maximum amounts you can borrow may be less.  Your school’s financial aid office will determine the specific 
amounts that you are eligible to borrow. 
     When you apply for federal student aid, your answers to certain questions will determine whether you are considered dependent 
or independent. See the Student Guide at www.studentaid.gov or your school’s financial aid administrator for more information. All 
graduate/professional students are considered independent. 
 
FIXED INTEREST RATES FOR JULY 1, 2024 – JUNE 30, 2025 
(Subsidized, Unsubsidized and *PLUS Loans) 
Loan Type 
Grade Level 
Fixed Rates for Loans Disbursed after July 1, 2024 
(7/1/2024 to 6/30/2025) 
Subsidized Loans 
Undergraduate 
6.53% 
Unsubsidized 
Loans 
Undergraduate 
6.53% 
Graduate 
8.08% 
*PLUS Loans 
All 
9.08% 
   * Federal PLUS loans are available to parents of dependent undergraduate students and independent graduate students.   See the 
Student Guide at www.studentaid.gov or your school’s financial aid administrator for more information.