OBBBA Loan Proration
Changes to Federal Direct Loans for 2026-2027
Beginning Summer 2026, students must attend full-time (12 credits) each semester or attend 24 credits total for the year to be eligible for the annual maximum loan amount.
Students enrolled part-time, as well as students who drop or withdraw from courses, will have reduced loan eligibility. This includes possible reductions to loans that have already been disbursed for the semester.
More updates are soon to come regarding changes. Visit the Student Aid website for the most recent update.
For full details, read the final rule — “Reimagining and Improving Student Education - Federal Student Loan Program Final Regulations”