Virginia’s 28 independent colleges expect they and their students will see a more than $285 million hit from the cuts to various federal supports because of President Donald Trump’s “One Big Beautiful Bill.”

The private schools say the cuts include reductions to Pell Grants, funds awarded to undergraduate students who can show exceptional financial need, amounting to $28.4 million. They also include the loss of $208 million of Grad PLUS loans, which can help pay for education expenses for eligible graduate or professional students, and the loss of $3.5 million in Parent PLUS loans to parents covering those expenses.

Other impacts include $41 million from the loss of access to Title IV Federal Student Aid Programs, as well as new paperwork demands, expired energy credits and an excise tax

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