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DRAFT Release Notes: Features to Support One Big Beautiful Bill (OBBB)

in Student Financial Aid

We are excited to share DRAFT release notes for new and updated Oracle Student Financial Aid (SFA) features to comply with the One Big Beautiful Bill (OBBB) for the 2026–27 award year.

Timeline Risk: An accelerated APRIL 26 GO-LIVE is under discussion for COD, NSLDS, and FPS 2026–27 updates, while final 2026–27 FAFSA, NSLDS, and COD specs are still pending (as of 2/13/2026). Institutions face compressed timelines for configuration, testing, and staff readiness—please plan accordingly.

OBBB brings sweeping changes to Title IV financial aid policy. These DRAFT notes provide early visibility into Oracle Student Financial Aid feature updates.

What’s Inside:

  • Feature Summaries: What’s changing and why.
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