Important Disclaimer: The information provided on this page was developed by Parker University to help orient Parker students and families to the changing federal student loan landscape. It is based on our current understanding of the evolving federal standards and may change as new information becomes available. This information is not official guidance from the U.S. Department of Education and may not be applicable at other schools. Students should refer to federal sources for definitive updates — see studentaid.gov for official information.

The One Big Beautiful Bill Act (OBBB), signed into law in July 2025, introduced broad reforms to federal student loan programs as part of national budget and policy adjustments. While these changes are forthcoming, the 2025–2026 academic year will proceed under current federal loan rules, with new provisions scheduled to take effect no sooner than July 1, 2026.

Parker University is continuing to monitor these developments and will update this page as additional clarification from the U.S. Department of Education (ED) is released.

In the meantime, please note:

• There are no changes to financial aid for the 2025–2026 academic year stemming from this legislation. Parker’s academic year includes the fall, winter, and summer terms.

We’re here to help! If you have questions or would like to speak with a One Stop Guide about your aid or these regulatory changes, please don’t hesitate to contact the Parker University One Stop team at 214.902.2424 or Ask1Stop@Parker.edu.

See our blog on this page with more detailed information. You can receive updates to this page automatically in your inbox by signing up for the RSS feed. Click 'View more posts' then 'Subscribe.'