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One Big Beautiful Bill Act changes for the 26/27 Award Year

in Student Financial Aid 1 comment

Introduction

We are reaching out to keep you informed about the upcoming changes resulting from the One Big Beautiful Bill Act (OBBB), signed into law on July 4th, 2025. This legislation introduces significant new provisions – including updates to Pell Grants, a new Workforce Pell program, the removal the Grad PLUS program and a re-structuring of loan limits across the Direct Loan program.

Negotiated Rulemaking

A Federal Registrar notice (Negotiated Rulemaking Committees) announced the establishment of two Negotiated Rulemaking Committees as necessary to implement the Title IV statutory changes from OBBB.

The RISE (Reimagining and Improving Student Education) Committee will consider changes to the federal student loan programs – meetings scheduled for September/October and November 2025.

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