Grad PLUS loans for new students eliminated effective July 1, 2026

kelsmom
Mon, 07 Jul 2025 11:33:46 +0000

This is real, unfortunately. While it might not seem concerning if mom and dad are willing to co-sign a private loan, in my experience as a financial aid professional, many grad students do not have parents willing and/or able to do so. Understanding that this loan will no longer be available to new grad students beginning with the 2026-27 academic year is very important as students plan their futures.

For a full list of the impact of the bill, which is now law, see this link: https://www.nasfaa.org/news-item/36704/Trump_Signs_Sprawling_Reconciliation_Package_Into_Law_Here_s_How_it_Impacts_Higher_Ed.