On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, resulting in changes to federal student aid programs. Some of these changes went into effect immediately, while others will go into effect in 2026 and beyond.
The link below provides information about changes affecting recipients of federal student aid, including borrowers. The Department of Education will continue to update this page when new information becomes available.
https://studentaid.gov/announcements-events/big-updates
This page link below provides the definitions to important terms and concepts affecting recipients of federal student aid, including borrowers.
https://studentaid.gov/announcements-events/big-updates/definitions
Additionally, the Wall Street Journal published an article on May 27, 2026, titled "How to Choose Between Student Loan Repayment Options.” This article provides a good summary of how the One Big Beautiful Bill Act changed student loan repayment plans and gives information about each of the new available plans.
https://www.wsj.com/buyside/personal-finance/student-loans/how-to-choose-between-student-loan-repayment-options