The Feds Just Botched Financial Aid Data for Roughly 200K Students

"The United States Department of Education sent out hundreds of thousands of student financial aid assessments to colleges in recent weeks that have since been found to be inaccurate, the department shared last week," KLRD Radio Dallas reports.

... "Justin Draeger, the president of the National Association of Student Financial Aid Administrators, shared in a statement that colleges and universities have to have the correct data before they can move forward."

"'This is another unforced error that will likely cause more processing delays for students,' Draeger said. '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.'"

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: 3/26/2024

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