New federal cap effective July 1, 2026

Parent PLUS just got capped.
Find your fall gap in 60 seconds.

Federal Parent PLUS loans are now limited to $20,000/year and $65,000 lifetime. If your family was counting on more, the difference is now yours to close. This calculator shows exactly how big the gap is — and how to fill it.

Free. No signup to use. 60 seconds.

$20,000/yr

New Parent PLUS annual cap (was: full cost of attendance)

$65,000

Total Parent PLUS borrowing limit per family

5×

HBCU families use Parent PLUS at nearly 5× the national average

Source: U.S. Department of Education, 2026 OBBBA reauthorization.

Your numbers

Four inputs. One real answer.

Nothing leaves this page until you decide to act on the result.

From your school's financial aid page or aid letter — tuition, room, board, books.

$

Pell, state grants, merit/need scholarships — anything you don't repay.

$

What your family can pay out of pocket — savings, income, 529. Use SAI from your aid letter if unsure.

$

How My Study Fund closes the gap

Not another GoFundMe. A Fund Page built for recurring monthly support from the people who already believe in you.

Your community, not strangers

Alumni, mentors, family friends, faith communities. People who already know your name — and want to invest $50/month in your education.

Recurring beats one-time

A $50/month backer gives $600/year. Ten of them gives $6,000/year — every year you're enrolled. One GoFundMe push can't do that.

Set up in 3 minutes, free

No credit card to start. Stripe-powered payouts go straight to your bank. We take 5% to keep the lights on — that's it.

Don't wait for July to figure this out.

Fall enrollment decisions happen now. Run the numbers, set up your page, and start the chain before the cap goes live.