Loan Proration
What is proration?
Loan proration impacts undergraduate students applying for fall graduation who are receiving federal student loans. When a student will complete their degree in the middle of an academic year, federal student aid regulations require that we prorate the loan based on the student's enrollment level for that final semester.
Max loan amounts by fall credit load
Please note that the actual loan amount may be less if a student has reached their annual or lifetime loan limits prior to fall semester.
| Number of Fall Credits | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 7 | 8 | 9 | 10 | 11 | ||||||
| Dependent Student | $1,875 | $2,187 | $2,499 | $2,812 | $3,124 | $3,436 | |||||
| Independent Student | $3,125 | $3,645 | $4,166 | $4,687 | $5,207 | $5,728 | |||||
