$20,000/yr PARENT CAP
$65,000 Lifetime Per StudentYou Saved for 18 Years.
The New Borrowing Cap Says It's Not Enough.
Parent Borrowing for Undergraduate Students
Until now, you could borrow up to the full Cost of Attendance through Parent PLUS — no cap. Starting July 1, 2026, parent borrowing is limited to $20,000 per year and $65,000 total per child. If your child attends a private university, you're looking at a $40K–$60K annual shortfall the federal government won't cover.
Private Univ.: $80KGap: $60K
Representative range — your gap depends on your specific program and school
Parent Gap Calculator — Launching July 2026
Your child's school. Their actual costs. Your exact shortfall.
800,000 parents borrow PLUS loans each year — most will hit the new capBased on Public Law 119-21 (OBBBA), signed July 4, 2025
See how much you'll need to cover
Add your child's school and we'll send the exact shortfall when we launch.