Federal Student Loan Eligibility Revised for Upcoming Academic Year

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-22
Category: education
Source: Student Announce
Original source

Significant changes to federal student loan eligibility will take effect for the 2026-2027 academic year. These updates include reduced loan amounts for part-time students and new annual and lifetime caps for Parent PLUS Loans. Additionally, the Federal Direct Graduate PLUS loan program will be discontinued for new graduate and professional student borrowers.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai