The 'one big, beautiful bill' legislation establishes federal graduate student borrowing caps that, starting 2026-07-01, limit students in programs defined as professional to $50,000 per year with a $200,000 lifetime cap, and limit students in graduate programs not defined as professional to $20,500 per year with a $100,000 lifetime cap.
July 01, 2026
high
policy
New statutory borrowing limits for graduate and professional students created by recently enacted legislation.