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AAVMC Pushes Back on Proposed Caps to Student Loans and Indirect Research Costs
AAVMC signed onto two larger community letters to preserve a previous student loan limit exemption for health professions and to block the Office of Management and Budget (OMB) from imposing future research cost caps.
AAVMC joined with community organizations to request that the U.S. Department of Education allow additional unsubsidized student loans beyond the current cap of $200,000 contained in the One Big Beautiful Bill Act. Read more
In the second letter, AAVMC joined the Joint Associations Group on Indirect Costs to reform how indirect research costs are calculated to avoid the arbitrary caps the administration has proposed. This effort also includes putting specific language into legislation endorsing these ideas and prohibiting OMB from attempting to institute additional caps in the future on federal support for research costs. Read more
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