What We Learned at FSA: Key Takeaways on Aid Eligibility and OB3

The One Big Beautiful Bill Act (OB3) changes financial aid in ways that will hit your institution hard if you're not prepared. In this second webinar in Portico's OB3 series, our financial aid team breaks down what matters most for the 26-27 award year: Pell eligibility, loan limits, legacy provisions, and what your institution needs to do right now before July 1st. Portico's Sarah Scott (FA Trainer), Rosha Harrison (Senior FA Director), Nan Murray (FA Product Manager), and COO Siana Stewart Mullings walk through the mechanics of each major change, how they interact, and what your FA, academic, and compliance teams need to start doing today. Topics covered include the new Pell eligibility threshold tied to non-federal aid, revised loan limits for undergraduate and graduate students, the end of Grad PLUS and Parent PLUS as you know them, less-than-full-time loan prorations, institutional loan limit authority, and who actually qualifies for legacy (grandfathering) protections. Resources: Portico OB3 Resource Hub: http://welcome.porticoedu.com/obbba-r... Chapters 0:00 Welcome and Introductions 2:18 What We're Covering Today 3:21 Pell Eligibility: The Non-Federal Aid Rule 6:04 New Loan Limits: Undergrad, Grad, Professional, and Parent PLUS 10:53 Less-Than-Full-Time Loan Prorations 16:14 Institutional Loan Limits: New Authority, Real Responsibility 19:14 Legacy Provisions: Who Qualifies and What It Covers 25:26 Portico CORE System Readiness: What's Live April 26 31:54 Cross-Team Readiness: Academics, Compliance, and Workforce Programs 38:45 Wrap-Up and Next Steps