Django template how to look up a dictionary value with a variable

mydict = {"key1":"value1", "key2":"value2"}

The regular way to lookup a dictionary value in a Django template is {{ mydict.key1 }}, {{ mydict.key2 }}. What if the key is a loop variable? ie:

{% for item in list %} # where item has an attribute NAME
  {{ mydict.item.NAME }} # I want to look up mydict[item.NAME]
{% endfor %}

mydict.item.NAME fails. How to fix this?