Loan Equity for Advanced Professionals Act

This bill, known as the "Loan Equity for Advanced Professionals Act," proposes amendments to the Higher Education Act of 1965 to adjust borrowing limits for graduate and professional students. Its primary objective is to establish new maximum annual and aggregate amounts for Federal Direct Unsubsidized Stafford loans for these students. Effective July 1, 2026, the annual limit for Federal Direct Unsubsidized Stafford loans for graduate or professional students will be set at $50,000 . Furthermore, the aggregate limit for these loans, which is in addition to any amounts borrowed for undergraduate education, will be capped at $200,000 for any eligible program of study. These revisions aim to ensure consistent and potentially increased access to federal unsubsidized loans for individuals pursuing advanced degrees.