New federal borrowing limits for graduate students will take effect July 1, 2026, significantly altering loan access and program qualification. While undergraduate borrowing remains unchanged, graduate and professional students face new annual and total loan caps, with Graduate PLUS loans being removed. The reform aims to curb excessive student debt and encourage tuition restraint.source https://timesofindia.indiatimes.com/education/news/us-students-pursuing-these-11-degrees-will-be-eligible-to-borrow-up-to-200000-in-federal-loans-under-new-limits/articleshow/125611999.cms