"Many colleges, universities and states use the Free Application for Federal Student Aid, commonly known as the FAFSA, to determine students' eligibility for nonfederal need-based aid – additional funds students can use to pay for school," U.S. News and World Report writes.

"But making a mistake on the FAFSA or submitting the application late can result in processing delays or limit the amount of loans, grants and other aid awarded to a student, according to 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: 10/6/2022