2026-2027 Changes
The One Big Beautiful Bill Act (OBBBA), passed by President Trump and the U.S. government on July 4, 2025, introduced significant changes to federal financial aid and loan borrowing. These changes include eligibility for and amounts of Pell Grants, proration of federal loans for students attending less than full-time, removal of the Graduate PLUS loan, and changes to repayment plans. As more information comes out, our office will share it with the community to help guide them through this process.
We have compiled the following frequently asked questions and general information to help you navigate these updates. Please know that our office is always available to meet with you to discuss any questions or concerns. You can schedule a virtual or in-person appointment today through The New Queue.
General Information
Undergraduate Students
Graduate & Professional Students
Contact Us
Office of Financial Aid
2 West 13th Street, 5th floor
New York, NY 10011
finaid@newschool.edu
212.229.8930
In-Person Office Hours
Monday–Friday, 10:00 a.m.–5:00 p.m.
Virtual Office Hours
Monday–Thursday, 10:00 a.m.–2:00 p.m.
To schedule time with a staff member, visit The New Queue.
