Loan - College

: Starting July 1, 2026, Graduate PLUS loans will no longer be available for new borrowers. New Borrowing Caps :

: Limited to $20,500 per year (lifetime cap of $100,000). college loan

If you are looking to avoid traditional loans, consider these innovative options: Update on Federal Loan Changes Beginning in 2026 : Starting July 1, 2026, Graduate PLUS loans

: Now capped at $20,000 per year per student with a $65,000 lifetime limit. : Monthly payments are set at 1% to

: Monthly payments are set at 1% to 10% of your annual adjusted gross income.

The most significant "interesting" feature appearing in 2026 is the , a streamlined federal income-driven option that officially replaces older, more complex plans like SAVE and PAYE for new borrowers starting July 1, 2026 . Key Features of the New "RAP" Plan

: Unlike previous plans that allowed for $0 payments, RAP requires a minimum payment of $10 per month , even for borrowers with no income.