How much can Bachelor's Plus or Teacher Licensure students borrow in loans
Submitted by bbauer on Thu, 2010-10-14 10:29
How much may a Bachelor’s Plus or Teacher Licensure student borrow?
Licensure students are considered 5th year undergraduates for loan amounts, regardless of dependency status. Independent Bachelor’s Plus or Teacher Licensure students may borrow up to $12,500 per year (two consecutive terms), not to exceed the Ashland University budget set for their academic program. Up to $5,500 can be borrowed in Subsidized Stafford Loan funds if the student shows need on the FAFSA. The aggregate limit is $57,500. Dependent Bachelor’s Plus students may borrow up to $7,500 per year, with an aggregate maximum of $31,000.