7How SFP handles institutional limits for Direct Loans

The One Big Beautiful Bill (OBBB) introduces an institutional loan limits provision that enables institutions to set their own lower program-level loan limits for an academic year for both student and parent borrowers.

Institutions can set this up in the configuration workbooks. When configured, Oracle Student Financial Planning (SFP) automatically adjusts student funding based on institution-defined limits and communicates the adjusted amounts to Common Origination and Disbursement (COD).