The U.S. Department of Education offers low-interest loans (subsidized and unsubsidized) to eligible students to help cover the cost of college or career school. Check current interest rates, fees, and loan limits.
Subsidized loans: 150 percent loan limit
Due to the Moving Ahead for Progress in the 21st Century Act,
a new borrower on or after July 1, 2013, cannot receive subsidized
loans for more than 150 percent of the published length of the
borrower’s educational program.
The law also provides that a borrower who becomes ineligible for
subsidized loans because of the 150 percent limit is ineligible for
interest-subsidy benefits on all subsidized loans first disbursed to
that borrower on or after July 1, 2013.
Who's a first-time borrower?
Generally, one who did not have an outstanding balance of principal or
interest on a Direct Loan or on a FFEL Program loan on July 1, 2013.
If you are a new subsidized Direct Loan borrower, we encourage you to review supplemental entrance counseling about this regulation.
Read the Direct Loan servicer and loan repayment information.