; (III) based on the credential level (such as a degree, certificate, or other recognized educational credential) that the student would attain upon completion of such program; or (IV) based on the year of the program for which the student is seeking such loan. (ii) Application to all students Any proration or limiting of loan amounts under clause (i) shall be applied in the same manner to all students enrolled in the institution or program of study. (iii) Increases for Individual Students Upon the request of a student whose loan amount for an academic year has been prorated or limited under clause (i), an eligible institution (at the discretion of the financial aid administrator at the institution) may increase such loan amount to an amount not exceeding the annual loan amount applicable to such student under this subparagraph for such academic year if such student demonstrates special circumstances or exceptional need. (E) Increases for certain graduate or professional students (i) Additional annual amounts Subject to clause (iii) of this subparagraph, in addition to the loan amount for an academic year described in subparagraph (A)(ii)— (I) a graduate or professional student who is enrolled in a program of study to become a doctor of allopathic medicine, doctor of osteopathic medicine, doctor of dentistry, doctor of veterinary medicine, doctor of optometry, doctor of podiatric medicine, doctor of naturopathic medicine, or doctor of naturopathy may borrow an additional— (aa) in the case of a program with a 9-month academic year, $20,000 for an academic year; or (bb) in the case of a program with a 12-month academic year, $26,667 for an academic year