"The Department of Education said Friday that it has identified a vendor’s calculation error impacting several hundred thousand financial aid forms. The mistake could further delay students’ aid awards and, as a result, their decisions on where to go to college next year, financial aid experts warn," CNN reports.

... "'This is another unforced error that will likely cause more processing delays for students,' Justin Draeger, CEO of the National Association of Student Financial Aid Administrators, said in a statement."

"'At this stage in the game and after so many delays, every error adds up and will be felt acutely by every student who is counting on need-based financial aid to make their postsecondary dreams a reality,' he added."

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