India, Nov. 29 -- US graduate student loan caps 2026: The Trump administration has revealed new restrictions on federal student loans that are set to commence on July 1, 2026. Depending on their year of study, undergraduate students will continue to be subject to the current yearly cap of $7,500 for dependent students.

Graduate and professional students, however, would face stricter borrowing restrictions. The regulation has not yet been approved and could possibly be changed before it is put into effect.

According to NBC, graduate students will be able to borrow up to $20,500 per year under the new restrictions, with a total limitation of $100,000 for the duration of their study. The annual borrowing cap for professional students study...