There are set limits on how much a student can borrow each year for student loans,but these limits usually increase each year as the student progresses.

Question

Quizplus · Accepted Answer

This is true. The annual limits for federal student loans typically increase for every year of study, with higher limits for upperclassmen and graduate students. However, there are overall limits on how much a student can borrow throughout their academic career.

There Are Set Limits on How Much a Student Can