I took a grad program loan in Spring semester $20,000 and I need another $20,000 for fall! So, they say I cannot borrow more tahn $20,000 from july in 2026 due new Federal Policies. Is this true, this applied to me?
Can someone tell me how much I can borrow as a grad student in 2026?
byu/Bulky_Ad_8703 inStudentLoans
Posted by Bulky_Ad_8703
2 Comments
You can get grandfathered in to complete your degree… you should be able to borrow grad plus loans. I have seen the documentation of things both ways whether or not you need to borrowed existing grad plus for your degree in progress before July or whether or not have regular federal direct loans count too. https://studentaid.gov/announcements-events/big-updates
There is an annual loan limit of $20500 for graduate or professional students. After that amount, you can’t take out additional federal aid until your school’s next academic year