Federal changes to graduate & prof. student loan prog. on in-state students; SCHEV to study impact.

Summary

The bill directs the State Council of Higher Education for Virginia, with an advisory group, to study the impact of new federal borrowing limits, the removal of Grad PLUS loans, and related definition changes on in‑state graduate and professional students at public colleges and eligible private nonprofits. The council must deliver a report with findings and recommendations to the governor and General Assembly by November 1, 2026. An emergency clause is included.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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