One Big Beautiful Bill Act: Graduate PLUS Loan updates
Important Disclaimer
- Northeastern State University does not have the ability to grant exceptions to federal regulations, including those concerning enrollment, Legacy provisions, or federal loan eligibility.
- This information is based on the current understanding as they relate to federal student financial aid and can be subject to change with little notice. We will continue to update this page as additional guidance is received from the U.S. Department of Education.
The One Big Beautiful Bill Act (H.R.1) was signed into law by President Trump on July 4, 2025. For students, families, and institutions like Northeastern State University, this bill results in significant changes to the federal aid (Title IV) programs. Some of those changes impact the Federal Graduate PLUS Loans available for graduate and professional students.
Current Limits (before July 1st, 2026)
| Annual Limit: Determined by the formula of “Cost of Attendance - Other Aid (i.e., grants, scholarships, other loans)” |
| Aggregate or lifetime loan limit: No limit |
Changes Effective July 1st, 2026
| This loan offer will be eliminated for new borrowers. |
|
Legacy Provision: Students with existing Grad PLUS loans may continue borrowing the Grad PLUS loan for:
OR
Whichever is less |
Institutional Discretion
Schools may have the ability to set lower annual loan limits by program. Limits must apply uniformly to all students in the program.
Planning Ahead
For students who need funding outside of the new limits, the options below can be pursued.
Alternative funding options can include:
| Payment plans | Scholarships |
|
Home equity or personal loans |
Private loans |