S 4039 United States Senate · 119th Congress

Professional Degree Access Restoration Act

This bill, known as the Professional Degree Access Restoration Act, aims to restore federal student loan limits that were previously reduced for graduate and professional students. It directly affects students pursuing advanced degrees such as law, medicine, and education by increasing the amount of federal loans they can access. The legislation reverses specific loan cap reductions established by Public Law 119-21, allowing students to borrow more money during their period of instruction. By amending the Higher Education Act of 1965, the bill removes certain restrictions on annual and aggregate loan amounts for these student categories.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 10, 2026 Last action Mar 10, 2026