The One Big Beautiful Bill Act (H.R. 1), signed into law on July 4, 2025, introduces significant changes to Pell Grants, federal student and parent loans, repayment plans, and the 2026–2027 FAFSA application. These updates will take effect on July 1, 2026.
Notice of Regulatory Implementation: The Office of Student Financial Aid Services is actively monitoring the legislation and its implementation details. This page will be updated regularly as additional guidance becomes available from the U.S. Department of Education.