New Regulations

• Loan Reduction for Less-Than-Full-Time Enrollment

  The One Big Beautiful Bill Act [PDF] was signed into law on July 4, 2025.

  This legislation will impact Federal Student Aid programs, including Federal Student Loan repayment plans, Federal Student Loan limits, Federal Parent PLUS Loans, and Federal Graduate PLUS Loans.

  These changes will begin on July 1, 2026.

  Loan Reduction for Less-Than-Full-Time Enrollment:

  Full-Time at OCC
  

  Degree: Undergraduate
  Credit Hours Needed: 24
  Terms Included: Fall, Spring

  Degree: Seminary
  Credit Hours Needed: 18
  Terms Included: Fall, Spring, Summer
   
  Students who enroll full-time and remain enrolled full-time are eligible to receive the full-time annual loan limit.

  Students who enroll less-than-full-time, or drop below full-time, could now have their federal student loans reduced in direct proportion to their less-than-full-time status. If full-time is 24 credit hours and a student enrolls for 18 credit hours for the academic year, the student will receive 75% of their annual loan limit eligibility (18/24 = 75%)

  Federal student loans that will be affected by the new loan reduction requirements:

  · Federal Subsidized Loans (undergraduate)

  · Federal Unsubsidized Loans (undergraduate and graduate)

  (Federal Parent PLUS Loans are not subject to reduction for less than full-time enrollment.)

  Each loan will be reduced separately according to the student’s less-than-full-time enrollment status.