"The news that colleges won’t receive FAFSA applicant info until March compresses an already tight timeline. Usually, the FAFSA opens in October and colleges receive data shortly thereafter," Higher Ed Dive reports.

And this week, 10 financial aid and higher education organizations, including the National Association of Student Financial Aid Administrators, called on institutions to extend their enrollment and financial aid deadlines past May 1. 

Because colleges will not receive financial aid information about applicants until March, they may offer award letters to prospective students later than usual, giving students less time to make informed decisions about enrollment. 

'We all want students and families to have the time they need to consider their financial options before making enrollment decisions,' the organizations wrote in a statement."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 2/2/2024