On July 4, 2025, the president signed the One Big Beautiful Bill Act (Pub. L. 119–21) (OBBBA) into law. The OBBBA includes numerous provisions that amend the Higher Education Act of 1965 (HEA) and impact the administration of the Title IV programs. Some changes made by the OBBBA were effective immediately upon enactment, while others will be implemented on July 1, 2026, and in the following years.
This page, intended for financial aid professionals and other financial partners, serves as a repository of information, guidance, and training related to implementation of the OBBBA.
This page serves as a repository for all information, guidance, and training related to implementation of the FAFSA Simplification Act and the Free Application for Federal Student Aid (FAFSA®) portion of the Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Act.
Together, these laws represent a significant overhaul of federal student aid including a relaunch of the FAFSA form, changes to need analysis, the creation of a direct data exchange with the Internal Revenue Service (IRS) to facilitate completing the FAFSA form, and updates to many policies and procedures for schools that participate in the Title IV programs.
Federal Student Aid has consolidated software and other tools used by the financial aid community for student aid processing on this page. Below are links to access software, installation guides, cover letters, desk references, technical references for programmers, and other related documentation.
Title 1, Part E of the Higher Education Act of 1965, as amended (HEA), requires lenders that make private education loans and institutions involved in certain arrangements regarding those loans to make specific disclosures to borrowers of those loans, report related information to the U.S. Department of Education (the Department), and comply with critical protections and prohibitions against conflicts of interest. This page serves as a repository for information, guidance, and training related to the required private education loan reporting.
Section 117 of the Higher Education Act of 1965 (HEA) requires institutions of higher education that offer a bachelor’s degree or higher, or that offer a transfer program of not less than two years that is acceptable for credit towards a bachelor’s degree, and receive federal financial assistance to disclose semiannually to the U.S. Department of Education any gifts received from and contracts with a foreign source that, alone or combined, are valued at $250,000 or more in a calendar year. The statute also requires institutions to report information when owned or controlled by a foreign source.
Over 30 years ago, Congress enacted these disclosure requirements to promote public transparency about the role of foreign funding in U.S. higher education.
This page serves as a repository for all relevant data, information, guidance, and training related to the required foreign gift and contract reporting.
Federal Student Aid has consolidated software and other tools used by the financial aid community for student aid processing on this page. Below are links to access software, installation guides, cover letters, desk references, technical references for programmers, and other related documentation.
This page provides the most updated information pertaining to responsibilities and requirements for institutions of higher education that enter into contracts with third-party servicers. We encourage institutions to review the regulations governing an institution’s use of third-party servicers at 34 CFR. § 668.2 (definition of third-party servicer), 34 CFR § 668.23, and 34 CFR § 668.25.