Schedule of Reductions

Beginning July 1, 2026, Federal Direct Loans will be reduced based on the number of credits in which a student is enrolled.

This process is called the Schedule of Reductions (SOR).

Similar to the Pell grant, students will now be offered the maximum amount of Federal Direct Loan funding per year based on full-time enrollment. See below for an enrollment guide detailing the number of credits in which a student must be enrolled to be considered full-time for financial aid purposes.

With the new Federal Direct Loan SOR requirement, full-time students will receive the full amount of their annual loan offer. If a student is enrolled less than full-time, they will not be eligible to receive the full-time amount of loans offered to them. Instead, the college will calculate the amount of loan funding the student is eligible to receive based on the number of credits in which they are enrolled.

*Please note that amounts offered to you could differ from amounts listed below based on your Cost of Attendance and total lifetime borrowing history. To view your total lifetime borrowing history, log into your studentaid.gov account.

Annual Loan Limits for Dependent Undergraduate Students

If dependent, your subsidized and unsubsidized Direct Loan annual eligibility is as follows:

Annual Loan Limits for Independent Undergraduate Students

Minimum Enrollment

Please note that at minimum, students need to be enrolled at least half-time per semester to receive any Federal Direct Loan funding.

See below for an enrollment guide detailing the number of credits in which a student must be enrolled to be considered half-time for financial aid purposes.