U.S. citizens or permanent residents, enrolled at least half time in a qualified program at a participating school, not in default on a prior federal student loan, and not previously convicted of a drug offense while receiving federal financial aid are eligible to apply for a student loan. This chart summarizes the interest rates, loan limits, and other terms for federal student loans issued from July 1, 2021 through June 30, 2022. [For "Federal Student Loan Amounts and Terms for Loans Issued in 2020-21," see ED615814.]