The One Big Beautiful Bill Act (OBBBA) has introduced new laws to update how the U.S. Department of Education administers financial aid. This includes new rules for undergraduates, graduate students, and parents. 

Some of the OBBBA requirements started immediately after the bill was signed. However, most OBBBA requirements for Direct student loans and financial aid will start on or after July 1, 2026.

For additional information on how this may impact students and student loans, please visit the PHEAA OBBBA Student Loan webpage.