"This summer, delays in federal student loan and grant disbursements caused some students to miss payments on housing and other living expenses. This fall may bring similar issues, experts, advocates, and financial aid administrators tell The Washington Post. These stakeholders blame the delays on Congress providing a tighter-than-usual timeframe for U.S. colleges and universities to adapt to a federal student loan overhaul outlined in the congressional reconciliation bill known as the One Big Beautiful Bill Act (OBBBA)," Georgetown University writes.

... "Education officials, including the American Council on Education, previously warned that under a crunched timeline, some institutions might not be prepared to fully implement loan changes. Last fall, over 40 higher education organizations called on the Education Department to delay implementation until July 1, 2027, and earlier this year, the National Association of Student Financial Aid Administrators asked for flexibility in upcoming compliance audits for loan decisions they make this year with limited guidance."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 9/11/2026