One Big Beautiful Bill, Tax Break
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The act will also restrict Pell grant eligibility to students with unmet financial need from states and higher education institutions, while increasing total Pell funding by $10.5 billion.
A University spokesperson said officials are still evaluating the impact President Donald Trump’s One Big Beautiful Bill will have on GW. The bill includes a sweeping cap on federal student loan borrowing for all students,
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New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
A breakdown of how H.R.1, the sweeping 2025 reconciliation law, transforms student loans, repayment plans, federal aid eligibility, and institutional oversight
The sweeping budget bill cuts grad PLUS loans, institutes lifetime student borrowing caps and imposes new endowment tax policies, but expands Pell Grant eligibility.