2026–2027 FAFSA® Changes

Because federal guidance is still being finalized, some details may change. This page reflects our current understanding and will be updated as more information becomes available.

Federal Student Loan Change

Loan Amounts Based on Enrollment

Federal Direct Subsidized and Unsubsidized Loans will be more closely tied to your credit level:

Full-time enrollment (12 credits each semester) = full loan offer

• Loan amounts will be reduced if you enroll in fewer than 12 Program Applicable credits or drop below 12 credits in a semester.
  
  • If you drop classes after receiving a loan, the adjustment may occur in your next semester's loan offer.
• Students must still be enrolled in at least 6 credits to be eligible for federal loans.

Pell Grant Changes

Cost of Attendance (COA) Limitation

Beginning in 2026–2027:

• Students whose non-federal grants, scholarships, or other benefits fully cover their Cost of Attendance (COA) will not be eligible for a Federal Pell Grant.
• If your non-federal aid covers only part of your COA, you may still qualify for Pell.
• Dropping classes could affect your Cost of Attendance.

COA includes tuition, books and supplies, transportation, personal expenses, housing, and food.

Parent PLUS Loan Limits

Beginning July 1, 2026:

For new Parent PLUS borrowers:

• $20,000 maximum per academic year per student
• $65,000 maximum per student

For existing Parent PLUS borrowers (before July 1, 2026):

• May continue under previous rules
• For up to 3 years or until the student graduates, whichever comes first

Repayment Plan Changes

Beginning July 1, 2026:

• Repayment options will depend on when your loans are first disbursed.
• A new Repayment Assistance Plan (RAP) will be introduced.
• Some existing repayment plans will be phased out over time.

Important Notes

• These changes apply to students using the 2026–2027 FAFSA®.
• Many details are still being finalized by the federal government.
• This page will be updated as additional guidance becomes available.

Common 2026-2027 FAFSA Change Questions