One Big Beautiful Bill Act: 2026-27 Financial Aid Changes

How will the One Big Beautiful Bill Act affect my financial aid?

The One Big Beautiful Bill Act was signed into law on July 4, 2025. The legislation introduces changes to federal student aid programs that could affect how students and families finance their education. You may be wondering what this legislation means for your educational plans.

We understand that these changes may raise new questions about your financial plan. Whether you’re continuing your studies or beginning your academic journey, our financial aid team is here to help you navigate what’s ahead. If you’re unsure how these changes may affect your eligibility, borrowing options or repayment plans, you don’t have to figure it out on your own.

We are closely monitoring federal updates and are committed to providing clear, personalized guidance. We encourage you to reach out, schedule an appointment and explore our resources below so we can help you stay on track toward your educational goals.

Our financial assistance team is available to walk you through your options, answer your questions and support you every step of the way. Contact us by phone at 203-371-7980 or by email at sfa@sacredheart.edu.

What is changing under the One Big Beautiful Bill Act?

Recent updates to federal student aid include changes to several programs, including the Federal Direct Parent PLUS Loan program and the Federal Direct Grad PLUS Loan program. As details continue to be clarified, we encourage families to review the following resources from the National Association of Student Financial Aid Administrators (NASFAA) and reach out with any questions.

• What New Parent Borrowers Need to Know
• What Current Parent Borrowers Need to Know
• What Graduate Students Need to Know
• What Health Professions Students Need to Know
• What Professional Students Need to Know
• What You Need to Know About Pell Grants

What should I do next?

While many details are still being clarified, there are a few steps you can take now:

• Review resources on the NASFAA website
• Consider how your timeline (start date or program type) may factor in
• Connect with one of Sacred Heart University’s financial aid counselors to discuss your individual situation and how these changes may affect you