Announcements

Unlock Every Dollar!

Do you have a financial plan ready for this upcoming semester? Be sure to meet priority deadlines, complete the 2025-26 FAFSA form, and make it part of your plan to visit with our team for your financial success.

Schedule an Appt Complete the FAFSA form

Changes to Federal Student Aid

Changes to federal financial aid eligibility and Direct Loan programs are coming as of July 1, 2026. The Office of Financial Aid & Scholarships is closely monitoring the changes and their implementation. This resource will continue to be updated as more information becomes available. More information is available at One Big Beautiful Bill Act Updates | Federal Student Aid

Undergraduate Student Policy Updates

Parent PLUS Loan – New Borrowers as of July 1, 2026
- Annual borrowing limit set at $20,000 per student.
Parent PLUS Loan – Aggregate Limit – New Borrowers as of July 1, 2026
- Lifetime borrowing cap will be $65,000 per student.
Direct Student Loans – All Borrowers
- Loan amounts will be prorated for students enrolled less than full-time.
Pell Grant Eligibility – All Students
- Students with a Student Aid Index (SAI) equal to or greater than twice the maximum Pell Grant amount will no longer qualify for Pell Grants for the academic year.
- Students whose scholarships or grants fully cover their Cost of Attendance (COA) will have their Pell Grant reduced so total aid does not exceed COA.
SAI Calculation Changes – All Students
- The net worth of certain family farms and small businesses will be excluded from SAI calculations.
Income Considerations – All Students
- Foreign income will now be included in Adjusted Gross Income (AGI) when determining Pell Grant eligibility.

Graduate & Professional Student Policy Updates

Graduate PLUS Loan
- Will no longer be available to new borrowers starting July 1, 2026.
Direct Unsubsidized Loans
- Annual limit remains $20,500, with a lifetime maximum of $100,000.
Professional Student Borrowing (At WSU, only students enrolled in Clinical Psychology PhD Program are considered Professional level)
- Annual borrowing limit set at $50,000, with a lifetime maximum of $200,000.
Direct Student Loans
- Loan amounts will be prorated for students enrolled less than full-time.

Legacy Provisions for Parent PLUS and Graduate PLUS Borrowers

Parent PLUS Loan Borrowers – Borrowers prior to June 30, 2026

Current borrowers may continue accessing Parent PLUS Loan amounts up to their dependent student’s Cost of Attendance until the earlier of:

The end of the dependent student’s academic program, or
Three academic years.

Graduate PLUS Loan Borrowers – Borrowers prior to June 30, 2026

Current borrowers may continue accessing Graduate PLUS Loans until the earlier of:

The end of their academic program, or
Three academic years.

For more information about One Big Beautiful Bill, visit: One Big Beautiful Bill Act Updates | Federal Student Aid

*Information is contingent and subject to change. Wichita State University Office of Financial Aid & Scholarships will update this page as guidance becomes available.