"For many college students, receipt of a private scholarship is reason to rejoice. But the rejoicing may be unexpectedly short-lived," The Wall Street Journal reports.

..."From a college’s perspective, the issue is complicated because there are federal rules about over-awarding aid, and schools often have to make adjustments to students’ aid packages to stick within the parameters, says Erin Powers, a spokeswoman for the National Association of Student Financial Aid Administrators."

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: 7/1/2021