Reply to FAFSA and Medical School loan availability (Fall 2026)

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[quote=Anonymous]The change you’re referring to for federal student loans — specifically for professional students — goes into effect July 1, 2026 for the 2026-2027 academic year. 
myUSF
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UC Law SF
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Office of Student Financial Aid
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Here are the key details:
Under the new law, for students first borrowing federal Direct Unsubsidized Loans (or other relevant federal student loans) on or after July 1, 2026, the annual borrowing limit for “professional” students (programs like law, medicine, dentistry, etc.) will be $50,000 per year. 
TICAS
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myUSF
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UC Law SF
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The lifetime (aggregate) limit for professional students will be $200,000. 
Holland & Knight
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UC Law SF
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This change is part of a broader reform package (sometimes referred to in reporting as the “Big Beautiful Bill”) that also eliminates the Grad PLUS loan program for new borrowers as of July 1, 2026. 
Drake University
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There is a “legacy provision” (grandfather) for students who already took out loans before July 1, 2026: they may continue under the prior rules for up to three academic years (or until program completion) in some cases. 
UC Law SF
So in answer to your direct question: the switch to the “$50,000 annual limit for professional students” applies to loans disbursed on or after July 1, 2026 (i.e., for the 2026-2027 academic year).
If you like, I can check how this affects students who matriculate in 2026 but borrowed earlier, or what “professional” specifically means for different programs. Would you like that?[/quote]

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