The One Big Beautiful Bill Act (H.R.1), signed into law on July 4, 2025, introduces significant changes to the federal Title IV student aid programs. Some of these changes impact Federal Direct Undergraduate Loans. These updates will take effect on July 1, 2026.
Notice of Regulatory Implementation: TThe Office of Student Financial Aid Services is actively monitoring the legislation and its implementation details. This page will be updated regularly as additional guidance becomes available from the U.S. Department of Education.
Current Limits (Before July 1, 2026)
Annual and aggregate limits are based on dependency status
Dependent Students
Freshman: $5,500
Sophomore: $6,500
Junior/Senior: $7,500
Independent Students
Freshman: $9,500
Sophomore: $10,500
Junior/Senior: $12,500
Maximum Lifetime Loan Limit:
Dependent: $31,000 total
Independent: $57,500 total
Changes Effective July 1, 2026
Loans must be reduced when students are not enrolled full-time. The reduction is based on their enrollment status. Full Time Enrollment Status at NJIT: