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Maximum Limits for Pell Grant and Loans

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There are limits on the amount of Subsidized, Unsubsidized, and Pell Grant funds you can receive in a given year and degree program.

Annual and Lifetime Loan Limits


Federal unsubsidized and subsidized loan limits are based on your dependency status and academic class level.

Once you exceed the following amounts, we can’t award any more loans to you:

 Dependent Student
Independent Student
Annual LimitLifetime Limit
Annual Limit
Lifetime Limit
Freshman$5,500
(max $3,500 sub)
$31,000
(max $23,000 sub)
$9,500
(max $3,500 sub)
$57,500
(max $23,000 sub)
Sophomore$6,500
(max $4,500 sub)
$10,500
(max $4,500 sub)
Junior / Senior
Second Undergraduate
$7,500
(max $5,500 sub)
$12,500
(max $5,500 sub)
Graduate$20,500$138,500

Check your current loan balances on my.BoiseState under “My Account” or log in with your FSA ID at the National Student Loan Data Center (NSLDS) website.

Pell Grant Limits


Federal Pell Grants are awarded annually based on financial need, enrollment, and cost of attendance. Maximum annual amounts will vary.

The Pell Grant is available for the equivalent of six full-time years of funding.

Example: If you receive a full-time Pell Grant during fall semester, it equates to 50% usage. Two full-time semesters equates to the annual maximum – 100%. Six full-time years would equate to the maximum: 600%. More examples.

The National Student Loan Data Center (NSLDS) website can provide your current Pell Grant usage percentage.

Subsidized Loan Usage Limits


If you’re a first-time borrower who received loans after July 1, 2013 you have a limit on the amount of time you may have subsidized interest on your subsidized loans. Your maximum time is generally 150% of the published length of your program.

If you meet the subsidy limitation, you will be notified by your loan servicer. Reaching your maximum eligibility period means you will be responsible for paying accrued interest on your subsidized loans.

More information about Subsidized Loan Usage Limits: