The pause impacts millions seeking relief under one of the last remaining federal income-driven repayment options not blocked by legal challenges.

Congress has created a new student loan repayment plan, called RAP. Here’s what to know about the option, which will be available next summer.

Grad PLUS loans will be eliminated. Graduate students will still be able to borrow federal student loans, but will be capped at $20,500 annually, $100,000 total. Federal student loan borrowers will now have a lifetime limit, considering undergraduate and graduate education, of $257,500 in federal student loans.