Federal Student Loan Policy Revisions Cause Operational Difficulties for Financial Aid Offices

Significant federal student loan changes, enacted on July 1, 2026, through the "One Big Beautiful Bill Act," have created widespread operational challenges for financial aid offices. These revisions include eliminating the Graduate PLUS Loan program, lowering borrowing limits, and reducing eligibility for part-time students. Financial aid professionals had only two months to prepare, disrupting long-standing processes and student financing plans nationwide.