Part-time study cuts the limit and schools may set lower ones
What the document says“the amount of a loan that student may borrow for an academic year or its equivalent shall be reduced in direct proportion to the degree to which that student is not so enrolled on a full-time basis, rounded to the nearest whole percentage point”
The section cuts a part-time student's annual loan in direct proportion to how far short of full-time they are, rounded to the nearest whole percentage point, under a schedule the Secretary publishes. It also lets a school, at the discretion of a financial aid administrator and from July 1, 2026, cap what students and their parents may borrow for a program of study, so long as the cap applies to every student in that program.
What the document actually says“the amount of a loan that student may borrow for an academic year or its equivalent shall be reduced in direct proportion to the degree to which that student is not so enrolled on a full-time basis, rounded to the nearest whole percentage point”
A part-time student may borrow less. The cut tracks how far short of full time they are.
It is rounded to the nearest whole point. The Secretary publishes the table. A school may also set its own lower cap.
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