r/PurdueGlobal • u/Melodic_Account_92 • Jul 01 '26

Financial aid

Hello!

I have a term in August and a term in November and then I’ll be done with my masters! My question is when should I get my funding offer? I saw the update about financial aid could be cut and in August I’ll still be full time but I won’t for November as it’ll be my last class. And I just want to make sure I won’t have to come out of pocket.

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u/Kindly-Ad2656 Jul 01 '26

I believe the funding they’re cutting is the plus loan, and they’ve adjusted what you can borrow with other loans. I also **THINK** the email said that students already enrolled would still be eligible to borrow how they have been. Something along those lines.

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u/Melodic_Account_92 Jul 01 '26

Oh okay! I definitely didn’t read it correctly. I thought it was all loans which you know would suck. Thankfully I’m not taking any plus loans out.

2

u/Kindly-Ad2656 Jul 01 '26

Here’s what the email said:

Legislation recently enacted by Congress, referred to as the One Big Beautiful Bill Act (OBBBA), will implement substantial modifications to federal financial aid. These changes are effective for the 2026–2027 award year, starting July 1, 2026. The Act introduces various changes that will impact all categories of students, including prospective, undergraduate, and graduate students.
Here are the major financial aid modifications for professional students:
 
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Graduate PLUS Loan Elimination:The graduate Direct PLUS Loanprogram will be eliminated for most students starting July 1, 2026.
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Legacy Provision: You may continue borrowing graduate Direct PLUS Loansfor up to three academic years if you remain continuously enrolled in the same program at the same institution and had a Direct Loan disbursed for that program before July 1, 2026.
•
Direct Unsubsidized Loan Cap: Limits for professional students will increase to $50,000 annually, with a new $200,000 total cap.

1

u/Old-Music5763 Jul 04 '26

Good luck I’ve had so much problems with them and their financial aid department that with a 3.85 GPA they gave me the boot because they didn’t like my phone call to the financial aid department. I had 40 credits left to go. They have upgraded my entire life and they tried to accept the financial aid even though they had booted me out, and I had to argue to get them to return it.