On July 1, 2026, the Grad PLUS program closes to new borrowers and Parent PLUS loans get hard annual and lifetime caps — plus a repayment restriction that catches many parents off guard. Here is the full picture.
For the first time, Pell Grants will fund short-term job training — programs as short as eight weeks. Here is how Workforce Pell works, which programs qualify, and how the broader 2026-27 Pell changes affect families.