"It's no secret that college is expensive — and parents need time to figure out how they'll afford a higher education for their children," Business Insider reports.

... "While the applications could tick up in the coming weeks, the lower numbers will leave colleges with limited time to evaluate students' applications and get them their reward letters in time for the commitment deadlines in May. On top of that, fewer applications could mean lower enrollment for freshmen in the fall — another bad sign for colleges caused by the FAFSA delays."

"Justin Drager, president and CEO of the National Association of Student Financial Aid Administrators, and Ted Mitchell, president of the American Council on Education, wrote a February opinion piece in The New York Times that the FAFSA delays 'threaten to harm the very students and families that financial aid is intended to help.'"

"'Some students may be pressured into making one of the most significant financial decisions of their lives without having a complete picture of their options,' they wrote. 'Others may delay enrolling in college for another year, once the aid application process is running more smoothly. Or, worse yet, some students may become so frustrated by the complexity and confusion of this year's financial aid process that they give up altogether.'"

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: 3/22/2024