NSLDS Aggregate Limit Reporting for OBBB Support

The new NSLDS Aggregate Limit Report enables institutions to proactively identify students who are approaching or exceeding their federal loan Aggregate and Lifetime Maximum limits. This functionality supports compliance by allowing users to manually review and update student records as needed. In light of recent regulatory changes introduced by the One Big Beautiful Bill (OBBB), it is even more critical to assess student eligibility, as some individuals may qualify for funding under grandfathered aggregate limits.

Report Name:

  • NSLDS Aggregate Limit Report

Navigation to Reports:

  • BI Publisher > Catalog > Shared Folders > SFP Reports > Product Reports > Operational

Suggested Monitoring Frequency:

  • This report should be reviewed regularly around the start of each Academic Year to ensure that incoming and continuing students are not awarded loans exceeding aggregate and lifetime maximum limits.

Run parameters:

  • Program Start Date Range - This required parameter allows users to specify a start and end date. The report will display only those students whose program start date falls within the selected date range.
  • School Student ID - This optional parameter allows users to retrieve loan limit details for a specific student, provided their program start date is within the selected date range.
  • Aggregate Total - If an amount is specified, the report will display only those students whose aggregate total is equal to or greater than the entered value and whose program start date falls within the selected date range.
  • Lifetime Maximum - If an amount is specified, the report will display only those students whose LifeTime Maximum total is equal to or greater than the entered value and whose program start date falls within the selected date range.

Recommended Actions:

  • If a student exceeds either their aggregate or lifetime loan limits, a manual adjustment to their loan funding may be necessary to reduce the awarded amount to the allowable maximum.

Business Value:

  • This report can be used to monitor students approaching their Title IV limits and then manually adjust funding to remain in compliance.

Here's the demo of these capabilities:

Steps to Enable and Configure

You can use a supplemental document to identify students and programs that qualify under the transition rules, and use the sample query that is provided on Cloud Customer Connect (CCC) to help you update this report with the relevant interim exception data.

Tips And Considerations

  • Under the new One Big Beautiful Bill (OBBB) requirements, students are subject to a lifetime federal student loan limit of $257,500 (excluding PLUS Loans). For graduate and professional students, there are also aggregate limits of $100,000 for graduate programs and $200,000 for certain professional programs.
  • It’s important to note that the NSLDS aggregate totals presented in the report tracks borrowing across both undergraduate and graduate levels. You can use this field to approximate students approaching these limits, however you will need to develop additional strategies to confirm which program types are included in the provided aggregate amount.
    • To monitor students relative to the OBBB requirements, you’ll need to:
      • Filter for programs that match the OBBB graduate and professional definitions.
      • Use the aggregate total from NSLDS as a reference point to see how close students are to reaching these limits.
      • Then, determine how much of each student’s total is attributable to graduate or professional loans. This may require cross-referencing their borrowing history by program type.
  • As additional NSLDS fields become available from the Department of Education, we will update this report to further improve accuracy and detail. Additionally, once the final coded solution is available, students who qualify for the interim exception will be flagged in our system, and we will integrate this data on the report.
    • Prior to these updates, you can continue to use a supplemental document to identify students and programs that qualify under the transition rules, and use the sample query that is provided on Cloud Customer Connect (CCC) to help you update this report with the relevant interim exception data.
  • For further guidance on how to leverage this report, consult the Reference Tab within the report, which outlines additional steps and best practices.

Key Resources

Access Requirements

Access to the NSLDS Aggregate Limit Report is via delivered Oracle Analytic Server Shared Folders:

  • Access for specific users can be controlled via your admin users.