Changing the status of an FAQ group in the Magento 2 FAQ Module involves a straightforward process within the admin panel. To update the status, navigate to the FAQ section in the backend, select the FAQ Group you wish to modify and click 'Edit.' Locate the 'Status' field and choose either 'Enabled' or 'Disabled' from the dropdown menu. Setting the status to 'Enabled' makes the FAQ group visible on the frontend, while 'Disabled' hides it from customers. Save the changes to apply for the new status.