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Loan Proration

Loan proration affects undergraduate federal student loan borrowers with an anticipated December graduation.

When undergraduate students complete their degrees in the middle of the academic year, we are required to prorate the loan based on the student’s enrollment in aid-eligible courses for the fall semester.

What Are the Maximum Loan Amounts Based on Enrolled Hours?

Please note these are maximum amounts the student’s enrollment in aid-eligible courses for the fall semester.. The loan amount may be less if the student does not have room in their budget for the maximum amount or has reached their aggregate loan limit (total amount they can borrow as an undergraduate student).

Loan Proration Table

*Fall credits must be in in aid-eligible courses.

Can Loans Be Prorated for Graduate or Professional Students?

Only undergraduate students completing their degrees in the middle of the academic year are eligible for loan proration.