Significant changes to federal direct loans were recently enacted through the One Big Beautiful Bill Act (OB3). These changes will affect how graduate and professional students finance their education for the 2026-2027 academic year:
- Elimination of Direct Graduate PLUS Program
- Changes to loan limits and aggregate loan limits
- Proration of loans based in full-time or part-time enrollment
- Changes to Loan Repayment
If you have not borrowed a Federal Direct Loan in 2025-2026 but would like to, please contact our office: [email protected]