"Even good news about the new Free Application for Federal Student Aid comes with asterisks these days. The U.S. Department of Education will update tables used to calculate financial aid for the 2024-25 award year, The Washington Post reported late on Tuesday," The Chronicle of Higher Education reports.

... "The bottom line: Expect more delays and confusion. Financial-aid officers can reasonably wonder why the update didn’t come sooner."

"'Adjusting these inflationary numbers is the right thing to do, and should have been done from the beginning,' Justin Draeger, president of the National Association of Student Financial Aid Administrators, said in a statement."

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: 1/25/2024