Federal Direct Loan Proration Policy

Loan Proration

Loan proration impacts undergraduate students applying for graduation who are receiving Federal Direct Subsidized and Unsubsidized Loans.

Federal regulations require schools to prorate the Federal Direct Loan amounts for graduating undergraduate students when their final period of enrollment is less than a full academic year. The loan limit proration determines the maximum loan amount that a student may borrow for the final term of study based on the degree they are earning.

Graduating undergraduate students who are only attending one semester of the academic year will have their Federal Direct Loans prorated based on the number of credit hours they are enrolled.

Note: Graduate and professional students are excluded from the loan proration requirement.

Loan Proration Amount Chart

The chart below provides an estimate on the proration amount of the loan with consideration of the hours enrolled, degree type, and dependency status as defined by the student’s FAFSA.  Other factors considered are: annual loan limits, lifetime amounts used,  the Expected Family Contribution (EFC) from the FAFSA, and other aid awarded.  Proration will occur prior to the first scheduled disbursement date for the graduating semester.

Credit Hours in Fall Subsidized Loan Amount Unsubsidized Loan Amount Total Loan Amounts Combined
0 to 5 $0 $0 $0
6 $1,375 $500 $1,875
7 $1,604 $583 $2,188
8 $1,833 $667 $2,500
9 $2,063 $750 $2,813
10 $2,292 $833 $3,125
11 $2,521 $917 $3,438
12 $2,750 $1,000 $3,750
13 $2,979 $1,083 $4,063
14 $3,208 $1,167 $4,375
15 $3,438 $1,250 $4,688
16 $3,667 $1,333 $5,000
17 $3,896 $1,417 $5,313
18 $4,125 $1,500 $5,625
19 $4,354 $1,583 $5,938
20 $4,583 $1,667 $6,250

Credit Hours in Fall Subsidized Loan Amount Unsubsidized Loan Amount Total Loan Amounts Combined
0 to 5 $0 $0 $0
6 $1,375 $1,750 $3,125
7 $1,604 $2,042 $3,646
8 $1,833 $2,333 $4,167
9 $2,063 $2,625 $4,688
10 $2,292 $2,917 $5,208
11 $2,521 $3,208 $5,729
12 $2,750 $3,500 $6,250
13 $2,979 $3,792 $6,771
14 $3,208 $4,083 $7,292
15 $3,438 $4,375 $7,813
16 $3,667 $4,667 $8,333
17 $3,896 $4,958 $8,854
18 $4,125 $5,250 $9,375
19 $4,354 $5,542 $9,896
20 $4,583 $5,833 $10,417

Credit Hours in Fall Subsidized Loan Amount Unsubsidized Loan Amount Total Loan Amounts Combined
0 to 5 $0 $0 $0
6 $1,125 $500 $1,625
7 $1,313 $583 $1,896
8 $1,500 $667 $2,167
9 $1,688 $750 $2,438
10 $1,875 $833 $2,708
11 $2,063 $917 $2,979
12 $2,250 $1,000 $3,250
13 $2,438 $1,083 $3,521
14 $2,625 $1,167 $3,792
15 $2,813 $1,250 $4,063
16 $3,000 $1,333 $4,333
17 $3,188 $1,417 $4,604
18 $3,375 $1,500 $4,875
19 $3,563 $1,583 $5,146
20 $3,750 $1,667 $5,417

Credit Hours in Fall Subsidized Loan Amount Unsubsidized Loan Amount Total Loan Amounts Combined
0 to 5 $0 $0 $0
6 $1,125 $1,750 $2,875
7 $1,313 $2,042 $3,354
8 $1,500 $2,333 $3,833
9 $1,688 $2,625 $4,313
10 $1,875 $2,917 $4,792
11 $2,063 $3,208 $5,271
12 $2,250 $3,500 $5,750
13 $2,438 $3,792 $6,229
14 $2,625 $4,083 $6,708
15 $2,813 $4,375 $7,188
16 $3,000 $4,667 $7,667
17 $3,188 $4,958 $8,146
18 $3,375 $5,250 $8,625
19 $3,563 $5,542 $9,104
20 $3,750 $5,833 $9,583