Most provisions for undergraduates begin with enrollment on or after July 1, 2026 (the 2026–27 aid year), so these changes do not apply to the current academic year.

What’s changing (and what it may mean for you)

• Pell Grant eligibility rules will shift, which may influence who qualifies and/or the amount students are able to receive.
• Unit load will play a role in federal loans. If you enroll in fewer than full-time units, your annual federal Direct Loan amount may be reduced (prorated) based on your enrollment level.
• Parent PLUS Loan rules are changing (for families). Beginning July 1, 2026, Parent PLUS Loans will have new borrowing limits rather than covering the full Cost of Attendance, which may require families to plan differently for remaining costs.

The Financial Aid & Scholarships Office is here to support you every step of the way. The following links can help explain changes to financial aid beginning with the 2026/27 academic year:

• One Big Beautiful Bill Act (OBBBA)
• What Graduate Students Need to Know
• What New Parent Borrowers Need to Know
• What Current Parent Borrowers Need to Know