Starting July 1, millions of federal student loan borrowers will face a redesigned repayment landscape as the Trump administration implements major changes to the student loan system. Borrowers will need to select from a new menu of repayment options, with the shift effectively changing how monthly payments and long-term outcomes are structured. For institutions, the change increases the importance of timely borrower communications and financial-aid counseling, since repayment-plan switching and enrollment-management timing can affect cash-flow expectations and student persistence. Colleges and universities will also need to update advising scripts and compliance workflows to reflect the new option set. The change lands amid other federal student-aid reforms highlighted this week, where the Department of Education has also been moving forward on rules tied to short-term programs and workforce-focused Pell eligibility—raising the volume of policy adjustments institutions must operationalize in the same funding ecosystem.