One Big Beautiful Bill (OB3) - Graduate and Professional Loan Limits

Provision Description:

The Graduate and Professional Loan Limits provision sets the Annual loan limits to $20,500 for grad students and $50,000 for professional students. It also caps the Aggregate limits at $100K for Graduate and $200K for Professional. The Interim Exception rules apply to this provision. 

Interim Configuration Update:

The Graduate and Professional Loan Limits provision can be partially handled with configuration for annual limits but will require additional code changes for aggregate loan limits.

For professional designated programs, you can utilize the existing Medical_Eligible_Program_Amount_Info configuration within the FAS_FUND_CONFIG.csv to define groupings for professional-specific programs and set the new annual Unsubsidized Loan award amounts they should receive.