Federal Student Loan Data System Updated Following New Legislation

The U.S. Department of Education has implemented updates to the National Student Loan Data System (NSLDS) processing, effective May 7, 2026. These revisions are in response to the "One Big Beautiful Bill Act" and primarily involve changes to how financial data is formatted and displayed, now including two decimal places. This adjustment aims to align NSLDS outputs with new federal loan servicer reporting standards, though the underlying loan limit calculations remain unaffected.