FAFSA Issues Cause Delay in Financial Aid Awards

"College students shouldn't expect their financial aid award offers until March, at the earliest, adding another delay to a messy start to the 2024-25 academic year," Best Colleges reports.

..."'These continued delays, communicated at the last minute, threaten to harm the very students and families that federal student aid is intended to help,' Justin Draeger, president of the National Association of Student Financial Aid Administrators (NASFAA), said in a statement.

'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.'

An NASFAA spokesperson told BestColleges that in a typical year, schools receive FAFSA applicant data within 1-3 business days after they submit the application."

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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