A breakdown of how H.R.1, the sweeping 2025 reconciliation law, transforms student loans, repayment plans, federal aid eligibility, and institutional oversight

The act will also restrict Pell grant eligibility to students with unmet financial need from states and higher education institutions, while increasing total Pell funding by $10.5 billion.

Federal legislation signed into law this month rewrites student loan and grant policy with the goal of frugality, with critics warning it may push students toward loans and programs with fewer protections.

The 900-page bill eliminates a 2006 program called Grad PLUS, which allowed students to borrow money up to the full cost of attendance.

The new "Big Beautiful Bill" overhauls student loans—cutting plans to two, capping borrowing, ending some deferments and changing Pell Grant eligibility starting in 2026. Here's what you need to know as a student or borrower.

The US Department of Education has begun implementing the higher education provisions of the One Big Beautiful Bill Act, recently signed into law by President Trump. The reforms include simplified student loan repayment plans,

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, marks a pivotal shift in U.S. fiscal policy. Extending the 2017 Tax Cuts and Jobs Act, it introduces significant cuts to social programs,