College Financial Aid Further Delayed for Students as Feds Try to Adjust for Inflation

"Colleges and universities won't receive students' financial aid applications until early March, the U.S. Department of Education announced Tuesday, another wrinkle in a months-long delayed rollout that has families, financial aid officers and Congress concerned," The Columbus Dispatch reports.

..."The National Association of Student Financial Aid Administrators balked at the news. In a statement to USA TODAY, NASFAA President Justin Draeger said the Biden administration’s continued delays threaten to harm the same vulnerable students that federal student aid has set out to help.

'With this last-minute news, our nation’s colleges are once again left scrambling as they determine how best to work within these new timelines to issue aid offers as soon as possible – so the students who can least afford higher education aren’t the ones who ultimately pay the price for these missteps,' he said."

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: 1/31/2024

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