This is an update to my post from last month: https://www.reddit.com/r/StudentLoans/comments/1mssykb/one_big_beautiful_bill_act_updates_on/

    They have updated it with new information (mainly regarding the FAFSA) but they have updated the timeline for the changes (Consolidated Parent PLUS Loans ICR -> IBR and IBR partial financial hardship requirement removal for example):

    We are working to update both our systems and our loan servicers’ systems to implement these changes. We anticipate that the system changes will be completed winter 2025. As more information becomes available, we will update this page.

    It looks like they are trying to get these systems updated by winter allowing IBR access to all without PFH and also to Consolidated Parent PLUS borrowers paying on ICR. Hopefully they can get that up and running like they say.

    You can find the full page (which will update as time goes on) here: https://studentaid.gov/announcements-events/big-updates

    [New] One Big Beautiful Bill Act Updates on StudentAid.Gov
    byu/shanesnh1 inStudentLoans



    Posted by shanesnh1

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