Financial Aid and Scholarship Office

Updates and Reminders

Federal Student Aid Changes

The One Big Beautiful Bill Act introduces major changes to federal loans and aid eligibility starting July 1, 2026. Whether you’re a student or a parent, now is the time to understand how these changes may affect you.

  • New annual and lifetime limits on Parent PLUS and GradPLUS loans for new borrowers
  • Current income-driven repayment plans (IBR, PAYE, SAVE) are being eliminated
  • Updates to Pell Grant and FAFSA asset exemption rules take effect for 2026-2027

Learn what’s changing and how to prepare

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Huskie Spotlight

Diana Alvarez

I was very worried about how I would be paying for school, especially since I am a first-generation student. I am beyond grateful for the endless opportunities the academic scholarship I received has given me and will continue to give me during my time at NIU.

NIU School Code

Use NIU's School Code when completing the FAFSA.

001737

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