"Technical glitches, delays and communication failures continue to plague the process of applying for college financial aid this year," Money reports.

"The redesigned FAFSA, or Free Application for Federal Student Aid, was supposed to be a boon for college-bound students, thanks to fewer questions, a simpler form and a new formula for awarding aid. Instead, a laundry list of issues, including a murky release timeline last fall and multiple data problems this spring, has wreaked havoc on college admissions, frustrating families and financial aid offices alike.

'This really adds up to a crisis of credibility for the Department of Education,' Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators, said Wednesday during a House subcommittee hearing. 'We are in an awful place today,' he later 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: 4/12/2024