New FAFSA Error May Impact Financial Aid Awards

"Federal Student Aid (FSA) has discovered yet another error in processing the new Free Application for Federal Student Aid (FAFSA), this time with the potential to positively or negatively affect students' eligibility for financial aid awards," Best Colleges reports.

..."Based on department estimates, however, as many as 17% of FAFSAs submitted may have errors. That would impact 1.1 million applications.

Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators (NASFAA), expressed disappointment in the latest FAFSA issue.

'The rollout of the new FAFSA has been plagued by issues of broken trust, data integrity, and missed deadlines,' he said in a statement. 'Continually taking two steps forward and one giant step back is not a sustainable pathway toward getting financial aid offers out to students and families.'

ED's rollout of the new Simplified FAFSA for the 2024-25 academic year has been troubled by technical glitches and processing errors."

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: 4/3/2024

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