NASFAA Mention: What to Know Before You Apply for Financial Aid During COVID-19

"The pandemic has already prompted many students to rethink their college plans, but on the financial front, there are some tips to consider if you're looking for assistance," ABC News reports. "The 'free application for federal student aid' or FAFSA, and the CSS profile used for non-federal aid, both become available October 1 for the 2021/2022 academic year, but the financial aid forms are based on income from 2019. So, appeals and professional judgments are something you may need to consider."

"'This year with so many people out of work. with so many people filing unemployment benefits on an ongoing basis. financial aid offices have been gearing up for large numbers of increases in these requests,' Justin Draeger, the President of National Association of Student Financial Aid Administrators, said."

..."'The other thing you might be looking at are increased expenses so you'd be asking a school to increase your cost of attendance budget which might qualify you or your family for additional financial aid because you have unexpected medical expenses or unexpected childcare expenses,' Draeger said."

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: 9/16/2020

View Desktop Version