Federal College Aid Scams Soaring, Officials Warn

"Scams targeting Pell Grants and federal loans for college students have surged, as lawmakers pour more money into higher education to shore up flagging enrollment," The Washington Times reports.

..."According to the National Association of Student Financial Aid Administrators, a nonprofit college financial aid officers group, no national database exists to track the scams.

'It is crucial to strike a delicate balance between fraud prevention and student access to education,' Dana Kelly, a NASFAA vice president, told The Times. 'By employing advanced technologies, clear policies, supportive systems, and collaboration, we can mitigate fraud risks while ensuring that legitimate students can pursue their educational goals without unnecessary barriers.'"

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: 6/21/2023

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