Lifetime Limits and Aggregate Maximums for Financial Aid


Federal, State and Institutional Programs

Undergraduate and Graduate/Professional Students

All financial aid recipients are required to comply with the satisfactory academic progress regulations and meet all federal eligibility requirements in order to establish and maintain eligibility for federal, state and need-based institutional financial aid. Scholarship recipients must also meet the specific eligibility requirements of the scholarships received. Some financial aid programs also have lifetime usage limits, as well as annual and lifetime aggregate limits. Always check with the Office of Financial Aid at DePaul Central if you have questions about your eligibility, or if you need clarification about lifetime usage limits or annual or aggregate limits.

Federal Pell Grant Lifetime Usage Limits: Undergraduate Students

There is a limit on the amount of Federal Pell Grant funds you may receive over your lifetime. This limit, which is set by federal law, is the equivalent of six years of Pell Grant funding. The federal government refers to this as your Pell Grant "lifetime eligibility usage" (Pell LEU). For more information, please visit the "Calculating Lifetime Pell Eligibility Used" at the Federal Student Aid website.

If you receive Federal Pell Grant funds, you can monitor your Pell lifetime usage at nslds.ed.gov.

Federal Direct Subsidized and Unsubsidized Loan Lifetime Usage Limits: Undergraduate and Graduate Students 

The federal government restricts the amount an undergraduate or graduate student may borrow in federal loans, both on an annual basis and in the aggregate. You can find more information on these limits by visiting "Subsidized and Unsubsidized Loans" at studentaid.ed.gov.

If you receive Federal Direct Loan funds, you can monitor your Federal Direct lifetime usage at nslds.ed.gov. If your FAFSA results contain a message that you are nearing or have reached your lifetime limits, you may wish to also review our Federal Direct Loan Debt Review FAQ

A Special Note to Undergraduate Students: If you borrowed or will borrow your first Federal Direct Subsidized Loan on or after July 1, 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans. In general, you may not receive Direct Subsidized Loans for more than 150 percent of the published length of your academic program for your undergraduate programs. More information is available in the federal student aid publication, Time Limitation on Direct Subsidized Loan Eligibility for First-Time Borrowers on or after July 1, 2013 (PDF), or you may visit the student loan section under "Types of Aid" at studentaid.ed.gov.

Federal Direct Grad PLUS Loan Lifetime Usage Limits: Graduate and Professional Students

The Federal Grad PLUS Loan has an annual limit equal to your total cost of attendance (COA) minus any other financial aid received. There is no aggregate (cumulative) lifetime loan limit. However, in situations of excessive borrowing, the Office of Financial Aid reserves the right to review overall student loan debt, on a case-by-case basis, and to limit or refuse certification of future federal student loans if cumulative borrowing is deemed to be unmanageable and likely to preclude successful repayment.

Federal TEACH Grant: Undergraduate and Graduate Students

The Federal TEACH grant has annual and lifetime limits. For more information, visit "TEACH grants" at studentaid.ed.gov.

If you receive Federal TEACH Grant Loan funds, you can monitor your cumulative TEACH Grant awards at nslds.ed.gov.

Federal Perkins Loan: Undergraduate and Graduate Students

The Federal Perkins Loan has annual and lifetime limits. For more information, visit "Perkins Loan" at studentaid.ed.gov.

If you receive Federal Perkins Loan funds, you can monitor your cumulative Federal Perkins Loan borrowing at nslds.ed.gov.

Illinois State Monetary Award Program (MAP) Grant Lifetime Usage Limit: Undergraduate Students

The Illinois State Monetary Award Program (MAP) Grant lifetime usage is restricted to the equivalent of 135 MAP Paid Credit Hours. Your MAP Paid Credit Hours usage is determined by your enrollment status each term you receive the grant. For more information on MAP Grant eligibility usage, please visit isac.org.

DePaul University Scholarships and Grants: Undergraduate and Graduate Students

For information on university and grant lifetime usage, please refer to your scholarship or grant award letter or contact the Office of Financial Aid.