Here you'll find the latest updates from Federal Student Aid and the U.S. Department of Education; and links to useful information regarding federal student loans, repayment plans, and the Public Service Loan Forgiveness (PSLF) program.
Updates
Graduate PLUS Loans: What's Changing?
The Grad PLUS loan program will be eliminated for new borrowers beginning July 1, 2026. This change is part of the "One Big Beautiful Bill" signed into law in July 2025, which overhauls federal student loan programs.
Federal Student Loan
Effective July 1, 2026, new federal legislation changes student loan borrowing limits. Borrowing eligibility will vary based on whether a student is classified as a new borrower or a legacy borrower.
New Federal Loan Borrowers (Effective July 1, 2026)
Medical students who were not enrolled as of July 1, 2026, or do not receive a federal loan disbursement in the MD program prior to July 1, 2026, will be subject to the new federal borrowing limits.
Eligible students may borrow:
Up to $50,000 annually in Direct Unsubsidized Loans
Up to a $200,000 aggregate limit for professional students (includes all subsidized and unsubsidized loans received for graduate and/or professional study)
Up to a $257,500 lifetime aggregate (includes the following Direct and FFEL loan types: subsidized loans, unsubsidized loans, and PLUS loans for graduate or professional students regardless of any amounts paid or discharged)
Legacy Borrowers
Students who have received a federal loan disbursement (Direct Unsubsidized Loan or Graduate PLUS Loan) for the MD program before July 1, 2026, and who remain continuously enrolled in the same program may continue borrowing under the current federal loan limits.
Eligible legacy borrowers may continue to borrow under the current federal loan programs, including Direct Unsubsidized Loans and Graduate PLUS Loans up to the Cost of Attendance, for up to three additional academic years after July 1, 2026, or until they are enrolled in the MD program for 4 years (MD program expected time to credential), whichever comes first.
Under the current federal loan program, the aggregate Direct Loan limit is $224,000, of which no more than $65,500 may be subsidized.
For the 2026–2027 academic year, the annual Unsubsidized Loan limits for legacy borrowers are:
MS1 - $42,722
MS2 - $40,500
MS3 - $44,944
MS4 - $47,167
New and Improved Student Loan Servicer Websites
All federal student loan servicers transitioned to a loan servicing platform hosted under the studentaid.gov domain. Servicer websites include official Federal Student Aid (FSA) branding so borrowers can easily distinguish authentic federal loan information from potential scams. Email communication from servicers will now come from addresses ending in ".gov" rather than ".com". This new loan servicing environment is designed to modernize and improve the borrower experience by offering a more user-friendly, streamlined, and consistent interface, regardless of your assigned servicer.
Here are the links to the new loan servicing platforms for each servicer:
Borrowers will be able to use their FSA ID and password to log in to both their servicer’s website and StudentAid.gov, eliminating the need to manage multiple usernames and passwords.
Ultimately, the goal of Federal Student Aid (FSA) is to simplify and streamline the repayment process for borrowers by having them manage and repay their federal student loans on StudentAid.gov, rather than on their servicer's websites. Be patient, as this will happen in stages over the coming years.