Loan Proration
Loan Proration for Graduating Borrowers
Federal regulations require that when an undergraduate student is enrolled in a program that is one academic year or more in length, but is in a remaining period of study that is shorter than a full academic year, their Federal Direct Loan amount must be prorated.
Students who graduate in Summer Session or Fall term will have their Federal Direct Loans prorated during their final semester. 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.
It is important to notify the Financial, Billing and Enrollment Center if you are graduating in the summer or fall terms. Your loans could be adjusted after disbursement which could result in a bill with the university.
Use the chart below to determine your eligibility.
Bachelor's Degree
| Credit Hours in Final Semester | Subsidized Loans | Unsubsidized Loans | Total Combined |
|---|---|---|---|
| 20 | $4565 | $1660 | $6225 |
| 19 | $4345 | $1580 | $5925 |
| 18 | $4125 | $1500 | $5625 |
| 17 | $3905 | $1420 | $5325 |
| 16 | $3685 | $1340 | $5025 |
| 15 | $3465 | $1260 | $4725 |
| 14 | $3190 | $1160 | $4350 |
| 13 | $2970 | $1080 | $4050 |
| 12 | $2750 | $1000 | $3750 |
| 11 | $2530 | $920 | $3450 |
| 10 | $2310 | $840 | $3150 |
| 9 | $2090 | $760 | $2850 |
| 8 | $1815 | $660 | $2475 |
| 7 | $1595 | $580 | $2175 |
| 6 | $1375 | $500 | $1875 |
| Credit Hours in Final Semester | Subsidized Loans | Unsubsidized Loans | Total Combined |
|---|---|---|---|
| 20 | $4565 | $5810 | $10375 |
| 19 | $4345 | $5530 | $9875 |
| 18 | $4125 | $5250 | $9375 |
| 17 | $3905 | $4970 | $8875 |
| 16 | $3685 | $4690 | $8375 |
| 15 | $3465 | $4410 | $7875 |
| 14 | $3190 | $4060 | $7250 |
| 13 | $2970 | $3780 | $6750 |
| 12 | $2750 | $3500 | $6250 |
| 11 | $2530 | $3220 | $5750 |
| 10 | $2310 | $2940 | $5250 |
| 9 | $2090 | $2660 | $4750 |
| 8 | $1815 | $2310 | $4125 |
| 7 | $1595 | $2030 | $3625 |
| 6 | $1375 | $1750 | $3125 |
Associate's DEGREE
| Credit Hours in Final Semester | Subsidized Loans | Unsubsidized Loans | Total Combined |
|---|---|---|---|
| 20 | $3735 | $1660 | $5395 |
| 19 | $3555 | $1580 | $5135 |
| 18 | $3375 | $1500 | $4875 |
| 17 | $3195 | $1420 | $4615 |
| 16 | $3015 | $1340 | $4355 |
| 15 | $2835 | $1260 | $4095 |
| 14 | $2610 | $1160 | $3770 |
| 13 | $2430 | $1080 | $3510 |
| 12 | $2250 | $1000 | $3250 |
| 11 | $2070 | $920 | $2990 |
| 10 | $1890 | $840 | $2730 |
| 9 | $1710 | $760 | $2470 |
| 8 | $1485 | $660 | $2145 |
| 7 | $1305 | $580 | $1885 |
| 6 | $1125 | $500 | $1625 |
| Credit Hours in Final Semester | Subsidized Loans | Unsubsidized Loans | Total Combined |
|---|---|---|---|
| 20 | $3735 | $4980 | $8715 |
| 19 | $3555 | $4740 | $8295 |
| 18 | $3375 | $4500 | $7875 |
| 17 | $3195 | $4260 | $7455 |
| 16 | $3015 | $4020 | $7035 |
| 15 | $2835 | $3780 | $6615 |
| 14 | $2610 | $3480 | $6090 |
| 13 | $2430 | $3240 | $5670 |
| 12 | $2250 | $3000 | $5250 |
| 11 | $2070 | $2760 | $4830 |
| 10 | $1890 | $2520 | $4410 |
| 9 | $1710 | $2280 | $3990 |
| 8 | $1485 | $1980 | $3465 |
| 7 | $1305 | $1740 | $3045 |
| 6 | $1125 | $1500 | $2625 |