Loans for Undergraduate Students
Up to 2% of the total amount of the Federal Direct Subsidized Loan, Federal Direct Unsubsidized Loan, and up to 5% for the Federal Direct PLUS Loan mentioned below may be deducted by the Department of Education. In addition, if a student graduates or ceases to attend half-time, they are required to complete an exit loan counseling session for their federal student loans.
For information and resources about student loan repayment, or to submit a complaint relating to your student loan or student loan servicer, please visit www.wsac.wa.gov/loan-advocacy or contact the Student Loan Advocate at email@example.com.
Aggregate Loan Limits: Undergraduate students cannot take out a total of more than the following aggregate amounts during their time in school–
- Undergraduate Dependent Federal Direct Subsidized and Unsubsidized limit: $31,000
- Undergraduate Independent Federal Direct Subsidized and Unsubsidized limit: $57,500