Federal Loan Changes Under the One Big Beautiful Bill Act (OB3)
Under the One Big Beautiful Bill Act, schools are now required to prorate (reduce) federal loan eligibility for students who are not enrolled full time for the academic year. This means that withdrawing from, dropping, or not completing a course may affect the amount of federal aid you are eligible to receive.
To maintain full annual Federal Direct Loan eligibility, students should plan to remain enrolled full time throughout the academic year. For federal financial aid purposes, this generally means completing a minimum of:
- 24 credits per academic year for undergraduate students
- 18 credits per academic year for graduate students
- 22 credits per academic year for School of Law students
Before making any changes to your schedule, we strongly encourage you to work with the Center for Academic Navigation and Success to discuss your academic options and explore ways to maintain full-time enrollment.
If you are considering withdrawing from a course or making any changes to your enrollment, please contact Canes Central first, so you fully understand the potential impact on your financial aid.
If you have questions or need assistance, you may connect with Canes Central through any of the "5 Ways to Connect" at canescentral.miami.edu/contact.
