Federal Student Loan Program Changes to Take Effect July 1

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-16
Category: education
Source: University of Delaware
Original source

Significant modifications to federal student loan programs, enacted through the 'One Big Beautiful Bill Act' in July 2025, are scheduled for implementation on July 1, 2026. These changes include the discontinuation of the Graduate PLUS Loan program for new borrowers and the introduction of new borrowing limits for graduate and Parent PLUS loans. Universities are holding town halls to inform students about these upcoming adjustments.

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