Federal Grad PLUS Loans End for New Borrowers, New Caps Impact Grad School Funding

Federal Grad PLUS loans are ending for most new graduate student borrowers, effective June 22, 2026. This policy change introduces new federal student loan limits, significantly altering funding options for graduate education. The new borrowing caps will require graduate students to re-evaluate their financial aid strategies. While specific new limits were not detailed, the shift away from Grad PLUS indicates a tightening of federal loan availability, potentially increasing reliance on private loans or other funding sources for advanced degrees.