Minnesota launched SELF Grad Loan, a new low-interest graduate student borrowing program designed to fill gaps after federal Grad PLUS changes and caps take effect July 1. The state program offers fixed rates based on repayment term and the presence of a co-signer, rather than credit score. The program launches as Minnesota officials cite persistent unmet demand for student aid over the past two years, with the state expecting another shortfall unless additional funds are allocated. Minnesota says the change responds directly to federal limitations that reduce how much graduate students can borrow. SELF Grad Loan allows up to $300,000 for eligible advanced dentistry, medicine, pharmacology, and veterinary medicine students (with no annual limit) and up to $50,000 annually for other graduate programs, with a cumulative cap of $150,000. The program requires a minimum $2,000 loan and $15 monthly payments during enrollment and training for certain tracks.