One Big Beautiful Bill Act (OBBBA)

Federal Financial Aid Changes – What You Need to Know

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law. This law introduced changes to higher education and federal financial aid programs. Some provisions went into effect immediately, while most changes will begin on Tuesday, July 1, 2026 or later.

William Paterson University is committed to helping you understand what is changing and what is not. This page will be updated as the U.S. Department of Education releases additional guidance.

Important Notice: Information on this page continues to evolve. For the latest federal guidance, monitor studentaid.gov.