If you are a rising high school senior, you’re probably feeling wistful, knowing that your summer is shorter than usual. That’s because college application season begins on August 1st. Everything you’ve worked for up to this point is culminating in this moment. Are you stressed? Yes. Are you excited for the next chapter? Definitely. Will you be successful in conveying your unique story, your passions, and your achievements to the colleges you’re targeting? Yes! If you follow our strategy tips, you’ll be able to submit college applications that showcase why you are a standout candidate. The key is knowing how to make that story shine through every piece of your application. Our all-star guide breaks down the strategies you need to know, from universal best practices to tips for mastering specific application platforms.
If you are a younger high school student, you’ll want to pay attention, because the strategies and tips I’m sharing will help you to determine where to apply your time and effort as you build your academic profile for college. So no matter where you are in planning your college journey, this blog post is exactly what you need. Let’s go!
Universal Strategies to Make Your College Application ShineThese are the foundational truths that apply to every college application, no matter the platform.
Grades & Course RigorYour transcript is your academic story. Maintain strong grades throughout your senior year, and don’t shy away from challenging courses like AP, IB, or honors classes. Colleges want to see that you’re pushing yourself to grow.
By showing up, you’ll earn valuable participation points, you’ll be better able to understand the material, and you’ll be able to ask questions. You’ll also know what has been assigned to be completed in class, and what has been assigned for homework. You’ll also feel comfortable meeting with your teachers to ask for help – it’s hard to do that if you and your teachers know that you’ve missed a number of their classes. By simply showing up, you’ll already be putting yourself in a great position to perform well!
Showing up is half the battle, but you need to pay attention to what is going on, and you need to be an engaged student. When you are engaged, you’re aware. And often that combination of showing up and being engaged is nearly all you need to succeed!
When students have lower grades, the most common reason is that they aren’t completing their assignments, or if they are completing them, they are turning them in late. Many teachers award only partial credit for late assignments, or might not award any credit at all for late work. Nothing lowers your grade faster than partial credits and zeroes for late work!
When it comes to college admissions, the role of standardized tests like the SAT and ACT has been in constant evolution. While these exams were once a non-negotiable part of every application, a growing number of colleges have adopted “test-optional” or even “test-blind” policies.
Despite these more recent changes, many colleges still require or strongly recommend that you submit scores, so it’s essential to check the specific policy for every school on your list.
The SAT and ACT are often seen as different flavors of the same test.
Neither test is inherently “easier” than the other; the best choice for you often comes down to which exam format and content better suit your strengths. By taking a practice test for each, you can get a good feel for which one allows you to perform your best.
There are numerous ways to prep for entrance exams:
Crafting well-written application essays is a must. In fact, we’ve got a blog post dedicated specifically to application essays. Checkout the full post, but in the meantime, here are some key tips:
If you are presented with multiple essay prompts to choose from, consider each prompt carefully. Don’t just respond to the first prompt that “looks good.” Instead, take a few minutes to jot some notes down about what you could write about for EACH prompt. If you are finding that some of the prompts are more difficult to respond to, don’t choose them. Focus on the prompt that flows easily from you, and that enables you to showcase your unique background talents, passions, and experiences.
Most college application essays are personal statement essays. Keep that in mind, and make sure that your essay conveys who you are and what you care about.
Students often worry that they are not involved in enough extracurriculars, or they wonder if they have chosen the “right” extracurriculars. Here’s what to keep in mind.
College reps want you to be “deeply engaged” in a few core extracurriculars. They much prefer that to the scattershot approach that many students take. All too often, students will sign up to be members of numerous clubs on campus, but then they attend few meetings of those clubs, and often do little else with those organizations beyond attending a meager number of meetings. So consider the available clubs and activities, and focus on just a few of those activities that you are truly passionate about.
You might be engaged in extracurriculars and not even know it! That’s right! Not all extracurriculars are clubs and sports.
Depending on the type of application you’re using (more about that below), you’ll have different ways of showcasing your extracurriculars. In general, you’ll want to focus your efforts on the activities you were most engaged with. You’ll want to be able to estimate the number of hours spent in these activities per week or per month, and you’ll also want to be able to briefly describe your level of engagement.
If you are writing one or more essays to accompany your application, you’ll have an opportunity to describe your most impactful extracurriculars within your essay submissions.
Ensure your letters of recommendation reflect your strengthsLetters of recommendation carry a lot of weight with college admission reps. It’s the college’s one chance to learn about you from the perspective of an authoritative professional. So if the rep is on the fence about whether or not to admit you, your letters of recommendation might be what pushes that “maybe” to a yes!
Who should be your recommenders? Ask for recommendations from those who know you well and can speak to your character and abilities in detail. Good choices are teachers, counselors, mentors, or work/internship supervisors. Most importantly, ask early! Your chosen recommenders are likely being asked to recommend many students, so be respectful and give them plenty of advance notice.
To ensure your letters of recommendation convey what you want to convey, it’s essential that you provide materials to your recommenders that will help guide their letter. Give them:
Be aware that sometimes recommenders will ask YOU to draft your own letter of recommendation to help them get started. If you are asked to do this, follow our tips.
Show Demonstrated InterestFor many private and out of state universities, showing “demonstrated interest” in the school can tip the scales in your favor. What does “demonstrated interest” include?
When applying to the college, be sure to include some of the activities above within your college application to demonstrate that you are knowledgeable about the school and are truly excited to attend.
Boosting Your Admission Chances at Elite SchoolsIf you are targeting the most elite schools, you’ll need to do everything in this post and more. Top colleges are seeking students who have:
The Common App enables you to complete a single college application to apply to numerous colleges. It can be a huge timesaver, but its wide use also means you need to be strategic to stand out. In addition, many colleges have supplemental questions, and may require additional materials, so review the requirements for each college carefully to be sure that you submit everything required for each of the colleges. Also be aware that some colleges won’t accept the Common App, and instead ask that you apply with their own application.
This is the core of your application that goes to every school. Take your time, fill it out completely and accurately, and have someone proofread it. A clean, error-free profile shows attention to detail.
This is your best chance to tell colleges who you are beyond your numbers. Choose a unique topic that reveals your personality, passions, or a moment of growth. Don’t just list your achievements; tell a story that makes admissions officers feel like they know you.
You have limited space to describe your extracurriculars and achievements. Use powerful action verbs and quantify your impact whenever possible. Instead of saying, “helped run a bake sale,” say, “Led a team of 5 to organize a charity bake sale that raised $500 for the local food bank.”
Many colleges that use the Common App also require supplemental essays or short-answer questions. These are your opportunities to show a deep, specific interest in that particular college. Don’t recycle a generic essay; research what makes that school unique and tailor your response to show how you would contribute to their community.
Be sure that any response to supplemental essay questions is completely unique from the personal statement you are submitting to all of the colleges. The supplemental questions give you an opportunity to expand what admission reps know about you. If you give them similar information, you’ll have squandered that opportunity.
Navigating the Coalition App: Your Unique Opportunity to Stand OutThe Coalition App, also known as the Coalition for College, is used by a select group of schools and has some unique features designed to showcase student growth and collaboration. Some colleges accept both the Common App and the Coalition App. While over 1000 schools accept the Common App, the Coalition App is accepted by a much smaller group of schools (about 150). Similar to the Common App, you can submit a single college application to apply to multiple schools that accept the Coalition App.
What makes the Coalition App special?The Coalition App is intended for students with demonstrated financial need. All of the colleges that accept the Coalition App understand this, and share a commitment to supporting students with greater financial need.
The Coalition App allows you to upload and store materials in a “Locker” over time, such as essays, research papers, art projects, or videos. By uploading materials to your locker, you can create a dynamic portfolio that demonstrates your talents and growth over your high school years.
The Coalition App essay prompts have a greater emphasis on self-reflection and community engagement. Choose the prompt that best allows you to tell an authentic story about your character, resilience, or how you have contributed to your community.
Tackling University-Specific ApplicationsSome major state university systems have their own unique application platforms. Here are some examples:
The UC application is its own distinct beast. Instead of a single personal essay, you’ll be asked to respond to four out of eight Personal Insight Questions. Choose the four prompts that best allow you to showcase different aspects of your personality and experiences. Be authentic, be detailed, and remember that there’s no single “right” answer. All UC campuses are test-blind, so you won’t need to take the SAT or ACT to apply.
Interested in attending college in California but don’t want to write application essays? We’ve got you! All of the CSU campuses don’t require a personal statement essay to apply! All CSU campuses are test-blind, so no need to worry about entrance exam scores either. And you can complete just one CSU application to apply to any of the 23 CSU campuses.
ApplyTexas is the platform for most Texas public colleges and universities. It has its own set of essay prompts (known as “Essays A, B, and C”). You will select a prompt based on the requirements of the schools you are applying to. Be sure to check each school’s website for any supplemental essays or unique requirements beyond the standard ApplyTexas prompts.
This large system of public universities in New York City has its own dedicated application for all of its campuses.
While many SUNY campuses do accept the Common App, the system also offers a single, unified SUNY Application for students applying to multiple SUNY schools, which can sometimes be more convenient.
MIT famously uses its own application, which is designed to be highly unique and comprehensive.
This top-tier private university in Washington, D.C., is another well-known school that has its own distinct application process.
Time and Effort Well-SpentApplying to college is a lot of work, but it’s also a chance to reflect on everything you’ve accomplished and who you’ve become. A successful college application is ultimately a combination of strong credentials and strategic, tailored execution. By taking the time to understand each platform’s unique requirements and telling your authentic story with passion and detail, you can make your application shine and greatly increase your chances of being accepted to the colleges you are targeting!
While working on your college applications, make sure you also prioritize applying for scholarships. Because whatever college you’ll ultimately be attending, you’ll also have to be able to manage the cost. Get ahead by applying for scholarships with ScholarshipOwl – get started with a free 7-day trial!
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Wondering how you’ll manage to afford college without the crushing weight of student loan debt? You’re not alone. The cost of college has skyrocketed, leaving many families feeling the squeeze. While federal and state grant aid can help students with the most significant financial need, it rarely covers all costs, leading many to turn to student loans to bridge the gap. But loans aren’t a “solution” – they simply delay the problem, adding financial stress that can overshadow your post-graduation achievements and future plans. That’s why scholarships are a vital lifeline to an affordable, debt-free education. Unfortunately, far too many students either apply to just a few scholarships, or don’t apply to many at all. That’s why it’s so important to motivate students to scholarship success.
At ScholarshipOwl, we wanted to know more about how students feel about scholarships, to truly understand why some students focus their time and effort on applying for scholarships, while others don’t. We also wanted to arm parents, counselors, teachers, and mentors with the information they need to help encourage students to apply for scholarships rather than relying on student loans to cover their out-of-pocket college costs.
In June 2025, we surveyed 11,453 students on the ScholarshipOwl platform to find out more. The insights are powerful, and can help parents, educators, and mentors understand how to motivate students to pursue scholarships rather than turning to loans to pay for college.
Why Students Are Chasing Scholarship DollarsWhen we asked students, “Why are you looking for scholarships?”, their responses painted a clear picture of both pressing financial need and personal aspiration:
The overwhelming majority of Gen Z students are driven by direct financial need. Well over three-quarters of respondents 85% simply said they need money for college, and nearly that same amount (82%) want to reduce the financial burden for themselves or their family. More than half of respondents (57%) said they want to avoid taking out student loans. Nearly half (47%) feel that scholarships are the only way they can afford the college(s) they’re targeting.
These numbers underscore the real economic pressures students face.
While financial need dominates, students are also seeking something more profound. Nearly half (44%) said that earning a scholarship would be an achievement they can be proud of. Another 16% were motivated to build their confidence, and 8% see applying for scholarships as a way to boost their resume and/or LinkedIn profile.
This shows that scholarships are also a powerful validation of hard work and potential – and the numbers also illuminate some potential strategies that can motivate students to scholarship success.
Nearly one-quarter (23%) of students shared that their family urged them to look for scholarships. This highlights the significant role that family support and encouragement play in motivating students to take that crucial first step.
These findings show that while seeking financial relief is paramount, students are also deeply motivated by the sense of accomplishment, pride, and boosted self-assurance that comes with earning a scholarship.
What Earning a Scholarship Truly Means to Gen Z StudentsWe then asked students, “What would it mean for you if you are able to earn scholarships for college?” Their answers illuminated the profound impact these awards can have on their lives:
The overwhelming majority (81%) said that earning a scholarship would mean they would be able to reduce their reliance on student loans or avoid loans completely. This clearly illustrates the strong desire among today’s students to escape the seemingly endless cycle of student debt.
Nearly half of students (48%) said that without scholarships, they don’t think they would be able to go to college at all. On the other hand, over one-third (38%) said that if they could earn a scholarship, they would be able to attend the college of their choice.
So scholarships aren’t just making college easier to afford; for many, they’re making it possible and enabling them to pursue their academic goals in ways that will have significant positive impact on their future.
Echoing their motivations, students expressed significant emotional benefits: Nearly half (44%) said that earning a scholarship would make their family proud. And nearly that number (39%) said they would feel that they had really achieved something worthwhile. One-third (33%) noted that earning a scholarship would make them feel more confident in themselves.
These results show that earning a scholarship is a powerful validation of a student’s hard work and potential, instilling a sense of accomplishment that goes far beyond the dollar amount.
Nearly three-quarters (71%) of students said that a scholarship would give them greater financial freedom. This speaks to their understanding that reducing college costs opens doors for future investments, career choices, and overall life flexibility.
These responses confirm that scholarships are truly transformative, offering not just financial relief, but also agency, pride, and the ability to shape one’s own future.
How Supporters Can Help Ignite the Scholarship SparkIf you’re a parent, school counselor, teacher, or mentor, you have an incredibly powerful role to play in a student’s scholarship journey. Your encouragement matters, and understanding the motivations that are most powerful can help you to guide students more effectively.
Your active encouragement can be the push your child needs to prioritize scholarships. Nearly one-quarter (23%) of the Gen Z students surveyed said their family urged them to look for scholarships. Here are some strategies you can try:
You can uniquely connect scholarships to both financial benefits and personal growth.
Focus on making the process manageable and celebrating their progress. Highlight that every essay, question answered, and “click to submit” is a step towards a more affordable future.
The Debt-Free ImperativeIn today’s economic climate, college costs continue to rise and the student loan landscape is constantly shifting. With the recent “One Big Beautiful Bill Act” legislation impacting higher education, accessing debt-free sources for college isn’t just an option – it’s a strategic imperative.
Our survey overwhelmingly shows that students want to avoid loans. In fact, 57% are looking for scholarships specifically for this reason. Furthermore, 81% would reduce/avoid loans if they won! This desire is well-founded. Loans can delay major life milestones like buying a home, starting a family, or pursuing dream careers. Scholarships provide true financial freedom, allowing students to start their post-college lives on solid ground. Students want to be ready to invest in their future, not have to pay back past debts.
Scholarships Lead to True Financial FreedomOur survey confirms what we’ve always believed. Students are incredibly motivated to pursue scholarships, not just out of financial necessity, but also from a deep desire for personal achievement, confidence, and the freedom to choose their educational path.
This journey requires persistence, but the payoff is immense – financial freedom, the college of your dreams, and a powerful sense of accomplishment. Guidance and support from parents, educators, and mentors can ignite a student’s motivation and propel them towards a debt-free future. With strategic effort and the right tools like ScholarshipOwl, earning those scholarships is well within reach!
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Senior year of high school is a whirlwind of “lasts,” excitement, as well as a healthy dose of nerves about what comes next. You’re balancing challenging academics, extracurriculars and your social life while also working on your college applications. And while all of this is happening, you’re also stressing about the cost of college, and how you’ll manage to pay for it.
With so many changes happening in the world of financial aid and student loans resulting from actions taken by the Trump Administration such as the “Big Beautiful Bill Act” recently signed into law, it’s so important to have a clear roadmap to follow. This checklist is designed to help you stay organized, maximize your opportunities, and navigate your path to college and career success.
Your Senior Year College & Financial Aid Checklist I. Summer Before Your Senior Year
Senior year is a demanding, exhilarating, and ultimately an incredibly rewarding time. By staying organized, being proactive about your applications and financial aid, and leveraging powerful tools like ScholarshipOwl, you’ll set yourself up for a smooth transition and a successful college experience!
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That high school diploma might still feel warm in your hands, or perhaps you’re a rising senior already dreaming of next year’s big leap. Your transition to college is one of life’s most thrilling adventures – a blend of newfound independence, academic challenge, and endless possibilities. But it can also come with a swirl of nerves.
Moving away from home, navigating a new campus, and adjusting to a completely different rhythm can feel like a lot. Let’s unpack everything you need to know to not just survive, but truly thrive in this exciting new chapter!
Level Up Your Learning to Prepare for College Classes
Your transition to college hinges on your academic success. You’ll need to develop the skills to effectively manage your own time, take initiative in your learning, and truly own your education. Here’s why:
To prepare yourself for these changes, you’ll want to prioritize your academics as well as develop strong time management skills. Helpful strategies:
While you were in high school, your parents and teachers helped guide you and keep you on track, but college is different. After your transition to college, your professors will expect you to take initiative, set your own pace, and be well-prepared for classes, quizzes and exams.
Be Ready for an Emotional Rollercoaster
Moving away from family and friends for the first time is a monumental emotional leap. Feeling a mix of excitement, fear, loneliness, and homesickness is something that you should anticipate, and be ready for, as you get closer to moving day as well as once you have settled in to your new home. Having mixed emotions doesn’t mean you’re not cut out for college; they just mean you’re human.
It’s also important to remember that your family is going through a transition as well, and they are on their own rollercoaster as they navigate their emotions. And if you are involved in a romantic relationship, your partner will also be trying to manage their feelings. Sometimes all of this adds even more pressure to an already challenging situation.
Embrace a Healthy Balance During Your Transition to College and Beyond
Acknowledge your feelings, but know that discomfort often fades as you build your new routines and connections.
Balancing Your Desire for Privacy with the Joy of Shared Living ExperiencesFor many, college means sharing a room for the very first time. If you’re used to having your own space, the loss of privacy in a small dorm room can be a big adjustment. Add to that the challenge of living with one or more individuals you’ve likely never met, and it’s easy to see why one of the biggest hurdles to overcome is understanding how to successfully live with roommates.
Learn to Communicate and Compromise
Most college housing offices now will share roommate information several weeks ahead of move-in day, enabling you to get to know your roommate(s) in advance. Take advantage of these opportunities and discuss preferences and living styles:
Collaborate on Dorm-Related Costs and Decor
Get to Know Each Other
Manage Your Expectations for Your Transition to College
Be open to dealing with personality differences and be prepared to be flexible. Remember, this is a shared space, and mutual respect is paramount. Learning to share and resolve minor conflicts now is an invaluable life skill far beyond college.
It is also important to not be disappointed if you and your roommate(s) are not super close. The key to shared living is getting along well enough that you each feel comfortable in your home-away-from-home. Don’t feel pressured to spend a lot of time with your roommate(s) outside of your dorm room. If you do have a lot of fun together, that’s awesome! But it’s not required, and you can have a wonderful first-year experience even if you aren’t close friends.
What If It’s Not Working Out?
If you’ve tried to make your living situation work, but you’re struggling, reach out to your dorm floor’s Resident Assistant (RA) or the person who manages your dorm or apartment complex. They can help you work out challenges with your roommate(s), and may have suggestions that you haven’t considered.
Social Opportunities & Friendships to Build Your Community
Feeling a sense of belonging is crucial for college success. Luckily, campuses are bursting with opportunities to connect with like-minded students and forge lasting friendships!
Check out the college calendar for low-cost or free events like movie nights, concerts, club fairs, and sporting events. These are easy, no-pressure ways to meet people.
Get involved in activities organized by your dorm or resident advisors (RAs). These are built-in social opportunities with the people you live closest to.
For some, joining a fraternity or sorority provides a structured social network and a strong sense of community. Research chapters carefully to find one that aligns with your values and interests.
This is a fantastic way to meet people who share your specific passions, whether it’s robotics, creative writing, debate, gaming, or community service.
Whatever your athletic ability or fitness level, you’ll find so many opportunities to get fit and stay fit while in college! Participate in an intramural or club sport, or be a frequent visitor to your campus rec center. You’ll also discover that there are many clubs and organizations related to hiking, biking, mountain-climbing, and more!
Continue or start volunteering for a cause you care about. It’s a meaningful way to contribute and meet like-minded peers while also building your resume.
Safely Navigate Your New Independence During Your Transition to College
One of the biggest thrills of college is your newfound freedom! No more mandatory check-ins, no curfews (usually), and the ability to decide how you spend your time. It’s liberating, but also comes with significant responsibility.
You’ll be in charge of your own safety, your own schedule, and your own choices. This is your chance to truly define yourself and build the habits that will shape your adult life.
Making choices that align with your personal values, balancing your academic goals with social opportunities, and prioritizing your safety are all hallmarks of true independence. Learn to manage your time effectively to ensure you can get to classes, complete homework, and still enjoy a vibrant college experience.
Key to Your Transition to College: Learn to Master Your Money
College may be the first time you’ll truly be managing your own finances. It’s exciting but can also be a source of stress if you’re not prepared. Learning how to budget effectively is one of the most important life skills you’ll gain!
This isn’t about deprivation; it’s about making informed choices that allow you to enjoy your college experience without constant financial worry or racking up credit card debt.
Earn Money for College that Doesn’t Have to be Paid Back
To make that college budget work, you’ll need reliable sources of income. This is where a proactive approach can make all the difference!
Scholarship money is literally free money you don’t have to pay back! So rather than relying on student loans, wouldn’t it be smarter to prioritize scholarships instead??
If you aren’t yet a ScholarshipOwl member, start your free 7-day trial at ScholarshipOwl.com.
If traditional jobs aren’t feasible or you need extra cash for tight times, consider a side hustle. This could be anything from tutoring, babysitting, pet-sitting, driving for a delivery or ride-sharing app, freelance writing, graphic design, handyperson tasks, or selling crafts online. Leveraging your skills for flexible income can be a lifesaver!
Access Programs & Services that Support Your Success
The faculty and administration of your college understand how challenging it can be to transition to college. They care, and they want you to have a positive, successful experience. Numerous support services are available right at your campus to help ease this transition. Your tuition and fees help pay for these services, so don’t hesitate to use them.
Utilize the on-campus health center for everything from colds to vaccinations. Services are typically low-cost or free.
College counseling services are invaluable for managing stress, anxiety, depression, homesickness, substance use, or any emotional challenges. Many offer free or low-cost sessions.
Most colleges have excellent on-campus tutoring centers, writing centers, and math centers. If you’re struggling with a subject or an essay, don’t let those struggles get out of control. Access these resources early-on, so that you’ll have the support you need to get the grades you want.
Your professors want to get to know you, and want to support your success. Here are some tips to get the most of your professor office hours:
Getting to know your professors has multiple advantages – in addition be being better prepared for their class, they will also get to know you personally, enabling them to recommend you for internships, scholarships, jobs, and leadership roles on campus.
Counselors in these offices can help you stay on track academically, manage your course load, understand your degree requirements, and navigate financial aid questions.
Planning Visits with Loved Ones
While forging new connections, remember to nurture the old ones! Planning visits with family and friends can be a wonderful source of comfort and something exciting to look forward to.
Don’t feel limited to the college’s annual “Parents’ Day” or “Family Day.” You can invite family and friends to visit you on campus anytime, and you might find these visits more enjoyable if they’re not tethered to campus-driven programming. This way, you can plan whatever activities and fun you like without having to work around a fixed schedule.
Similarly, plan your own visits back home. Be sure to allow room in your budget for these visits, especially if your college is far from home. Families often have to stretch to afford a more distant campus, so budgeting for a flight home for a quick weekend visit can make a huge difference in staying connected and mitigating homesickness.
Get Ready to Thrive
Completing your transition to college is a monumental step, filled with incredible growth opportunities. It’s a journey that will test you, stretch you, and ultimately transform you. By preparing academically, managing your emotions, communicating with roommates, embracing newfound freedoms responsibly and safely, mastering your money, seeking out social connections, utilizing campus support systems, and planning for visits with loved ones, you’re building a strong foundation for success. You’ve worked hard to get here – now get ready to thrive!
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Navigating the world of college funding has always been complex, but with new legislation constantly reshaping the landscape, staying informed is more crucial than ever. The “One Big Beautiful Bill Act” recently cleared Congress and was signed into law, impacting students, colleges, and higher education as a whole.
Reading through the entire Act would require extensive time and effort due to the dense legal material, so we are breaking down the key aspects of this Act as it relates to higher education. Note that the full legislation covered numerous policy areas, but we are focusing solely on its impacts on students and colleges. Our goal is to provide a clear, unbiased look at how these changes might impact your financial aid, loan options, and even your choice of institution, highlighting both the stated intentions and potential challenges.
How is Federal Financial Aid Changing as a Result of the “One Big Beautiful Bill Act”?The “One Big Beautiful Bill Act” introduces significant shifts across higher education that primarily go into effect on July 01, 2026. These changes attempt to rein-in student loan borrowing, while also increasing accountability for that debt amongst both borrowers and colleges. There are also some positive changes that expand access for Pell Grants – more about that below.
Impacts of the “One Big Beautiful Bill Act” on Student Loan BorrowersThe new legislation prevents borrowers from qualifying for a period of non-payment (deferment or forbearance) due to unemployment or financial hardship. This is a significant change, and will impact borrowers who are struggling financially. Previously, borrowers knew that if they were enduring significant financial hardship, they would be able to request a temporary period of non-payment to help them get back on their feet.
Unfortunately, as of July 01, 2026, unemployment or financial hardship will no longer qualify borrowers for a deferment or forbearance. Borrowers will be required to make a minimum monthly payment regardless of their financial situation. More on this below.
For those who have already incurred federal student loan debt, the “One Big Beautiful Bill Act” rolls back some student loan protections. While private student loans are not directly affected by this federal legislation, the broader environment for federal loan repayment and forgiveness is shifting.
Borrowers with existing student loan debt should review the next section in detail, as there are significant changes to student loan repayment plans.
Note that your federal student loan interest rate will not be changed by this legislation. The interest rate applicable to your student loan(s) is set based on the year in which you borrowed the funds. Find your interest rate here.
This legislation reduces the number and variety of loan repayment plan options to just two choices for both existing borrowers and future borrowers.
Borrowers will have a fixed payment for 10 years to repay their loan with the Standard Repayment Plan (SRP). If you have consolidated your federal student loans, you’ll have between 10 to 30 years to repay your consolidated loan:
Similar to some of the existing income-driven repayment (IDR) plans, RAP bases your payment your adjusted gross income and number of dependent children; however, your monthly payment on RAP is likely to be higher than it would be on some of the existing IDR plans, which this legislation eliminates.
Your monthly payment with RAP will range from 1% to 10% of your income, depending on your income level and the number of your dependents. Unlike existing IDR plans, borrowers are not eligible for a $0 payment if they are below a certain income level.
RAP requires a minimum payment of $10 per month for those with the lowest income level. For some borrowers, even a $10 monthly payment may be difficult, depending on their circumstances.
That said, there are several advantages to requiring a monthly payment:
If you’re planning to take on federal student loan debt in the future, you’ll encounter new restrictions:
A significant change under the “One Big Beautiful Bill Act” is that it phases out the federal Grad PLUS loan program in 2026. This program has helped graduate students finance their studies. As a result, future borrowers are more likely to turn to private lenders to be able to finance their graduate education.
Current graduate school students are not effected; however, those who pursue a graduate degree after July 01, 2026 will no longer be able to take out a Grad PLUS Loan and will need to consider alternate funding sources.
The bill places strict limits on how much money graduate students can borrow from the federal government.
Supporters of these borrowing caps feel that unlimited access to graduate federal student loans has actually resulted in colleges increasing their prices. It is hoped that by capping graduate federal loan debt, colleges may need to reduce their tuition cost.
On the other hand, opponents warn that some students, particularly those in high-cost fields like medicine, may find it impossible to pursue their programs, or will be forced into the private loan market. It is important to note that private loans are not eligible for Public Service Loan Forgiveness (PSLF), which many borrowers have relied on to reduce their debt.
Impacts on Parent PLUS LoansWhen viewing their financial aid offer, one ever-present option that has been available to students is the ability for their parent to apply for a Parent PLUS Loan to help pay for their child’s education. A parent who chooses to take out a Parent PLUS Loan is the borrower, and only the parent is liable for this debt.
The “One Big, Beautiful Bill Act” still enables parents to take out Parent PLUS Loans, but now the amount they can borrow is capped:
Parent PLUS Loans provide an important opportunity for parents to help their kids pay for college; however, the lack of caps in prior years has sometimes led to irresponsible borrowing by parents who want to enable their child to attend a more expensive university. While well-intentioned, parents often end up underwater as they may have to take out these loans every year their child is in school. And if they have more than one child, parents may feel obligated to offer the same option to each of their children.
Even if their child fully expects to be financially positioned to be able to repay Parent PLUS Loans taken out by their parent, the unfortunate reality is that many recent college grads are unable to manage their living expenses, their own student debt, AND the debt their parents took on for them. As a result, parents may be left holding the bag, putting their own livelihood and credit rating at risk.
By instituting annual and lifetime caps on Parent PLUS Loans, the “One Big Beautiful Bill Act” ensures parents will no longer be able to have unlimited access to borrowed funds for their children’s education. It is hoped that this will encourage students to focus on a more affordable college choice, and it may also reduce the likelihood of loan default for these kinds of loans. And finally, perhaps universities will be less emboldened to keep increasing their prices.
I Have or Will Have Student Debt. What Steps Should I Take Due to the “One Big Beautiful Bill Act”?If you have existing federal loans, we highly recommend getting advice regarding your specific situation, and clarifying how this legislation might impact your existing debt, as well as current or future repayment plan options. Contact your loan servicer as well as your college financial aid officer to ensure that you understand your loan repayment plan options, any loan caps that result from this legislation, etc. If you had planned on pursuing Public Service Loan Forgiveness (PSLF), discuss this as well to understand how to preserve your eligibility for the program.
Due to the many changes that lie ahead related to higher education and student loan borrowing parameters, we strongly recommend that you download all of your loan documents and written correspondence related to your existing debt, and that you do so for any future student loan debt and future correspondence as well.
Loan servicers often sell student loan debt, so the loan servicer you started with may not be your current or future loan servicer, and it is important that you as the borrower have a complete history for each of your student loans. This is even more crucial if you hope to pursue forgiveness through PSLF.
Changes to the Federal Pell Grant in the “One Big Beautiful Bill Act”The “One Big Beautiful Bill Act” retains the federal Pell Grant, which provides debt-free grant aid to students with the greatest financial need.
The Act expands the Pell Grant program in July 2026 with Workforce Pell, a grant that enables low-income students attending short-term job training programs of 8 to 15 weeks in length to be able to receive a Pell Grant. As such, those interested in learning skills to train for a new career or improve their ability to advance in their existing career will have the ability to do so with shorter programs. This change makes job training more accessible, benefiting both students and their future employers.
Low-income students will be eligible for a Workforce Pell Grant as long as they don’t have a graduate degree. This encourages working adults – even those with a bachelor’s degree – to upskill via a short-term program to ensure they can remain competitive in the job market.
Workforce Pell Grant amounts will be prorated based on the amount of time spent in the program (number of clock hours, credits, or weeks). Note that while the maximum Pell Grant is currently $7395, Workforce Pell Grants will be lower than this amount.
Interested in learning more? Contact your local community college to find out about available training programs as well as your eligibility for financial aid.
Pell Grants are intended for the students with the greatest financial need. The “One Big Beautiful Bill Act” attempts to preserve this intention with certain changes:
The “One Big Beautiful Bill Act” introduces a controversial accountability measure for higher education institutions that are eligible to receive federal student aid. For the first time, colleges will be held accountable for the financial success of their graduates. What does this mean?
According to the new legislation, undergraduate and graduate degree programs are at risk for losing their ability to use federal student aid to pay for students’ education if the college’s graduates fail to meet specified income thresholds after program completion.
On its face, this may seem positive, as it puts colleges on notice that they are a partner in the success of their graduates.
There are many factors that may result in a graduate not attaining a well-paying job, and the “One Big Beautiful Bill Act” does not account for them:
As a result of the new college accountability features of the “One Big Beautiful Bill Act”, colleges are already evaluating how the legislation might impact their institution, and what they can do to mitigate that impact. Some options that institutions may be considering:
Regardless of what the “One Big Beautiful Bill Act” brings, your core mission remains the same: choose the most affordable and effective path that enables you to reach your academic and career goals. Here are steps you can take:
If you’re still in high school, prioritize earning college credits through dual enrollment classes, AP exams, or CLEP exams. This can save you thousands of dollars and countless hours in college.
When choosing a university:
Make scholarships your absolute top priority.
Research the career you plan to have and find out how much education you actually need to get started.
With the new accountability measures and potential for closures, selecting a financially stable and well-entrenched institution is crucial. When considering colleges:
Work part-time during the school year and full-time during the summers, starting from age 16. Use the money you earn to help pay for college expenses.
Unless you’re aiming for medical or law school, work full-time in your field for 1 to 2 years after your bachelor’s degree.
Relying on student loans should always be a last resort. The impact of the “One Big Beautiful Bill Act” makes this even more clear.
By taking these steps, regardless of the contents of the “One Big Beautiful Bill Act,” you can cost-effectively pursue your academic and career goals, enabling you to celebrate your achievements and plan for your future without the burden of debt.
The post “One Big Beautiful Bill Act”: What It Means for Your College Journey appeared first on ScholarshipOwl.
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