You 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.
The new cap won’t even cover half the bill. The rest falls on your family.
Total Cost of Attendance: $80K/yr
Representative costs — your gap depends on your child’s school and cost of attendance
Parent Gap Calculator — Launching July 2026
Your child's school. Their actual costs. Your exact shortfall.
See how much you'll need to cover
Add your child's school and we'll send you the exact shortfall when we launch.