How Much Can I Borrow?
COCC will determine the maximum amount of Direct Loans a student is eligible for based on the number of credits at COCC and the financial need demonstrated by Department of Education's federal regulations.
Maximum Annual Loan Limits
|
| Borrowers Academic Level |
Dependent Students |
Independent Students
|
Freshman
1 - 44 credits at COCC |
$5,500
No more than $3,500 of this
may be in sub loans.
|
$9,500
No more than $3,500 of this
may be in sub loans. |
Sophomore
45+ credits at COCC |
$6,500
No more than $4,500 of this
may be in sub loans. |
$10,500
No more than $4,500 of this
may be in sub loans. |
Maximum Undergraduate Aggregate Limits
|
Dependent
|
Independent |
| $23,000 |
$57,500 |