New federal borrowing limits cap the Parent PLUS Loan at $20,000 per year and $65,000
in total, but the law allows for a time-limited exception to new loan limits for currently-enrolled students.
In order for Parent PLUS Loan borrowers to not be subject to the new loan limits,
the requirements below must be met:
1
What are the requirements for currently-enrolled students?
- The student must remain continuously enrolled in the same program of study at the
same institution as they were enrolled as of June 30, 2026, AND
- ONE of the following conditions below:
- The parent borrower must have had a Parent PLUS Loan disbursed for that same program before July 1, 2026
- The student must have had a Direct Loan (subsidized or unsubsidized) disbursed for
that same program before July 1, 2026
2
What happens if the above requirements are met?
If the above requirements are met, the new Parent PLUS Loan limits do not apply while the student is completing their program, for up to 3 years, provided the student
remains continuously enrolled (i.e., does not withdraw or otherwise cease enrollment
outside of scheduled breaks or non-required terms, such as summer).
