Earlier Aid Awards

"Changes made in federal financial aid policy five years ago are having a positive impact on the awarding of aid, according to a survey released today by the National Association of Student Financial Aid Administrators," Inside Higher Ed reports.

..."According to the NASFAA survey, colleges are responding. Forty-four percent of institutions said they did or will send their first 2022–23 award year aid offers to first-time undergraduate students before February. By the end of February, 60 percent of institutions will have sent first-time undergraduates a financial aid offer.

NASFAA president and CEO Justin Draeger said, 'Knowing months sooner what to expect financially also levels the playing field for lower-income students who might otherwise be left scrambling to make decisions on college attendance at the last minute.'"

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: 2/14/2022

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