Brought to you by:

Monogram. For over 33 years, the Monogram team has helped students and families bridge the college funding gap with flexible, affordable private loans. We're excited to highlight our newest loan offering, Abe Student Loan, alongside AAA Advantage, Custom Choice, and Union Federal loans—we are putting education within reach.

During the webinar on August 12th, Implementation of New Loan Limits and Interim Exception for Continuing Students, ED staff instructed schools to use credits instead of time as the basis of calculating Expected Time to Credential (ETTC), a key component of eligibility for the interim exception to new loan limits enacted under the One Big Beautiful Bill Act (OBBBA).

"I’m finishing up my time as the Dallas Martin Endowment Intern, and wanted to write a note of thanks to you all and tell you a bit more about how I spent my summer! I worked to update some of NASFAA’s issue briefs this summer, Doubling the Maximum Pell Grant and Student Aid Funding. An ongoing project I was able to take over for the summer was our Legislative Tracker, where I learned how to read and summarize legislation introduced by this Congress." Read on to hear about Sophie's favorite experiences as NASFAA’s 2026 Dallas Martin Endowment policy intern and where life is taking her next.

In a review of the Department of Education’s (ED) instruction to student loan servicers over program changes, the Government Accountability Office (GAO) is recommending the department develop criteria for determining when to conduct early coordination with servicers in order to ease program implementation challenges.

This AskRegs Knowledgebase Q&A was updated on August 11, 2026, to reflect a change in NASFAA's understanding of limited available U.S. Department of Education (ED) guidance. You will calculate and originate separate single-term loans under 34 CFR 685.203(m)(1)(i) —one under the interim exception and one under the new loan limits. Once the student loses the interim exception (legacy or grandfathered status), the new loan limits under 34 CFR 685.203 apply. View the full answer to this question to learn more.

Please join us in congratulating Missy Ostrander on her achievement. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

VIEW PREVIOUS ISSUE

Contact us to submit questions, content or to purchase advertisements.