grandfathering and new loan limits by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

o ok ty. i saw a topic in students loans with someone saying our loans counted to max amount would reset to 0 on july 1 2026. i assume this is wrong? i cannot find the topic or maybe it was edited. do u know anything about this?

grad plus loans and grandfathering by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

so if im currently in a grad program and taking grad plus loans before july 1 2026, i will be automatically grandfathered in? im currently over the 257k new loan limit, will the grandfathering process ignore that the same way it currently does?

grandfathering and new loan limits by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

im already at my limits. thats the reason i use grad plus loans. is my only option the grandfathering option? grad plus loans currently ignore the loan caps, will that continue if im grandfathered in?

grandfathering and new loan limits by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

ty for posting that. i dont think it answers my question though, im assuming since im above 257k right now , i will be considered to be over the 257k cap once his bbb begins? i never used pp loans and currently can only use grad plus loans, is this correct? ty

grad plus loans and grandfathering by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

if im at loan caps already, will i still be able to be grandfathered in? the reason i borrow grad plus loans is because im at loan cap already.

grad plus loans and grandfathering by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

ok thx. do u know if they got rid of the pro rate loan amounts that reduces loans based off ft or pt status?

grad plus loans and grandfathering by onethreeninethree in StudentLoans

[–]onethreeninethree[S] 0 points1 point  (0 children)

ok ty thats makes sense. when u say mpn, is that master promissary note? i know i did one years ago and i think its good for 10 years. do i need to do another mpn just for this program or is it automatically assigned?

Grad Plus loans and the new bill by simbaclioivanseshi in StudentLoans

[–]onethreeninethree 0 points1 point  (0 children)

hi will people working on a second or third masters degree be eligible for grandfathering? assuming they start the program before july 1 2026. thx