Skip to main content
Apply
Open Main MenuClose Main Menu

Loans


Loans are awarded after your eligibility for grants, scholarships, and Federal Work-Study (FWS) is considered. Your financial aid package may include loans in the form of need based and/or non-need based financial aid.


Loan limits

Federal regulations place annual and aggregate (lifetime) limits on the amount you can borrow.  These limits include Federal Stafford Loans borrowed at other schools you have attended.  The total amount borrowed in all programs combined (including Parent Loans) can't exceed your annual costs as determined by OSU, minus any other aid you will receive.  

 

Annual loan limits 

Undergraduate

 Undergraduate Base amount Additional unsubsidized
Freshman $3,500

$2000

*$6,000 if Independent

Sophomore $4,500

$2,000

*$6,000 if Independent

Junior/Senior $5,500

$2,000

$7,000 if Independent

*Undergraduate Dependent students whose parents are denied for the Parent Loan may be eligible for the Independent Undergraduate loan limits.

Graduate/Professional

  Base amount  

Graduate

*$20,500

Unsubsidized Only

Graduate: first-time borrowers after July 1, 2026 $20,000

Unsubsidized Only

Professional (Vet Med and Masters of Healthcare Administration): first-time borrowers after July 1, 2026 $50,000

Unsubsidized Only

*Legacy provision: if a borrower has a Direct Unsubsidized loan made before July 1, 2026, while enrolled in a credentialed program, the borrower can continue to borrow under current loan limits for three academic years or the remainder of their expected time to credential, whichever is less.

 

Parent PLUS

  Base amount

Parent PLUS Borrowers: first-time borrowers after July 1, 2026

*$20,000: per dependent student

*Legacy provision: if a borrower has a Parent PLUS loan made before July 1, 2026, while the dependent student is enrolled in a credentialed program, the parent can continue to borrow under current loan limits for three academic years or the remainder of their dependent student's expected time to credential, whichever is less.


Aggregate (lifetime) loan limits

Undergraduate

Classification Subsidized limit Overall limit
Dependent undergraduate $23,000 $31,000
Independent Undergraduate $23,000 $57,500

Graduate

Classification Overall limit  
Graduate $100,000 Does not include amounts borrowed as an undergraduate. 
Professional (Vet Med and Masters of Healthcare Administration) $200,000 Does not include amounts borrowed as an undergraduate. 

Parent PLUS

Classification Overall limit  
Parent PLUS Borrowers: first-time borrowers after July 1, 2026 *$65,000 per dependent student (without regard to amounts forgiven, repaid, canceled or discharged)

*Legacy provision: if a borrower has a Parent PLUS loan made before July 1, 2026, while the dependent student is enrolled in a credentialed program, the parent can continue to borrow under current loan limits for three academic years or the remainder of their dependent student's expected time to credential, whichever is less.

 

You can view the total amount of federal loans you have borrowed by visiting your account dashboard on studentaid.gov.

 

Need based loans

Non-need based loans

Other loans

 

Loan information

Student loan repayment

MENUCLOSE