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Major federal student loan changes take effect July 1. Here’s what Houston-area borrowers need to know
By Ninfa Saavedra, Brittany Jeffers at KPRC 2 Click2Houston (NBC) - Local
· June 30, 2026
· 2 min read
Millions of current and future student loan borrowers will see major changes beginning July 1 as a sweeping overhaul of the federal student loan system takes effect.The changes, included in the One Big Beautiful Bill Act, impact repayment plans, borrowing limits and loan forgiveness programs. Whi...
Key takeaway Starting July 1, new Parent PLUS loans will be capped at $20,000 per dependent undergraduate student per year, with a lifetime borrowing limit of $65,000 per student.
Why this matters in The Bellaire
For Bellaire families planning to send their children to college, the new federal student loan changes could have significant implications. The cap on Parent PLUS loans, in particular, may force some families to explore private student loans, which can be more expensive and offer fewer borrower protections. This could be especially challenging for families in Bellaire, where the cost of living is relatively high. As a result, local families may need to reassess their college savings strategies and consider alternative options, such as scholarships or grants. Additionally, the changes to repayment options may affect recent graduates from Bellaire's schools, who will need to navigate the new Repayment Assistance Plan or standard repayment plans. Local borrowers would be well-advised to take advantage of resources like StudentAid.gov to understand the new rules and make informed decisions about their student loan repayment.
About this story
Original reporting by KPRC 2 Click2Houston (NBC) - Local . The Bellaire surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KPRC 2 Click2Houston (NBC) - Local . Have a tip or correction? Contact our newsroom .
Category: schools ·
Published: June 30, 2026 ·
Source: KPRC 2 Click2Houston (NBC) - Local ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? Millions of current and future student loan borrowers will see major changes beginning July 1 as a sweeping overhaul of the federal student loan system takes effect.The changes, included in the One Big Beautiful Bill Act, impact repayment plans, borrowing limits and loan forgiveness programs. Whi...
When was this published? This article was first published on June 30, 2026 by KPRC 2 Click2Houston (NBC) - Local and curated for The Bellaire readers.
Who reported this story? This story was reported by Ninfa Saavedra, Brittany Jeffers at KPRC 2 Click2Houston (NBC) - Local. To learn more about how The Bellaire selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more schools coverage from The Bellaire, or browse our daily briefing and topic hubs .
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