|
We are reaching out to let you know that we recently shared important information with your student regarding upcoming changes to federal student loan eligibility, effective with the 2026–2027 academic year.
Under the One Big Beautiful Bill Act, federal law will now require colleges to adjust a student's Direct Loan eligibility based on their enrollment intensity. In short, students who do not maintain full-time enrollment may see a reduction in their federal loan amounts. We encourage you to connect with your student and review this information together.
Here is a brief summary based on your student's level of study:
For Undergraduate Students:
- Full-time enrollment is 12 credits per semester, or 24 credits over the full academic year.
- Students who complete fewer than 24 total credits across Fall and Spring may see their Direct Subsidized and/or Direct Unsubsidized Loans reduced.
- The full annual loan amount can still be received by reaching 24 total credits, even if not split evenly across semesters (e.g., 6 credits in Fall and 18 in Spring).
-
Federal Parent PLUS Loans are not affected by this change.
For Graduate Students:
- Full-time enrollment is 9 credits per semester, or 18 credits over the full academic year.
- Students who complete fewer than 18 total credits across Fall and Spring may see their Direct Unsubsidized Loans and Graduate PLUS Loans reduced.
-
As with undergraduates, the annual credit total is what matters, not the per-semester balance.
Additional Resources:
-
Private education loans are available to help bridge any balance gap. View this list of lender options for lenders that have historically approved Pace students.
-
Pace also offers multiple payment plan options at www.pace.edu/pay.
-
For full details on federal aid changes related to the One Big Beautiful Bill Act, please visit www.pace.edu/OBBBA. This page will be updated regularly as new information becomes available.
We understand that financial aid can feel complex, and we want to make sure your family has the information needed to plan ahead. Please don't hesitate to reach out to the Office of Financial Aid with any questions.
| 
