S.Amdt. 4703Senate119th Congress (2025-2027)

S.Amdt. 4703

Submitted March 19, 2026

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Senate amendment submitted

March 19, 2026

Text

Submitted

SA 4703. Mr. MARKEY submitted an amendment intended to be proposed by
him to the bill S. 1383, to establish the Veterans Advisory Committee
on Equal Access, and for other purposes; which was ordered to lie on
the table; as follows:

At the appropriate place, insert the following:

SEC. ___. LOAN LIMITS.

Section 455(a)(4) of the Higher Education Act of 1965 (20
U.S.C. 1087e(a)(4)) is amended--
(1) by amending subparagraph (A) to read as follows:
``(A) Annual limits beginning july 1, 2026.--Subject to
paragraphs (7)(A) and (8), beginning on July 1, 2026, the
maximum annual amount of Federal Direct Unsubsidized Stafford
loans that a graduate student or professional student may
borrow in any academic year or its equivalent shall be
$50,000.''; and
(2) by amending subparagraph (B) to read as follows:
``(B) Aggregate limits.--Subject to paragraphs (6), (7)(A),
and (8), beginning on July 1, 2026, the maximum aggregate
amount of Federal Direct Unsubsidized Stafford loans, in
addition to the amount borrowed for undergraduate education,
that a graduate student or professional student may borrow
for any program of study described in clause (i) or (ii) of
subparagraph (C) shall be $200,000.''.
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