N.Y. Comp. Codes R. & Regs. tit. 8, § 2103.5
Borrowers wishing to receive additional Lender of Last Resort loans for subsequent academic periods will be required to complete the entire LLR application process for each academic period for which they wish to receive an LLR loan. LLR loans are subject to all of the restrictions and limitations on both subsidized and unsubsidized Federal Stafford Loans found in Federal law and regulations, including the maximum amounts available.