"The U.S. Department of Education has sent out approximately 200,000 faulty student financial applications to colleges due to an error in its processing, the agency announced on Friday," The Daily Beast reports.

... "According to Justin Draeger, the president of the National Association of Student Financial Aid Administrators, that suggestion 'is not feasible or realistic.'"

"'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 said, according to USA Today."

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: 3/23/2024