Expecting A Financial Aid Package from Your College? You’ll Have A Longer Wait Due to a FAFSA Delay

"Not-so-great news for college students: you’ll have to wait a bit longer to find out about your financial aid package," Penn Live reports.

..."'Schools are furiously reworking their timelines to see just how quickly they could turn around financial aid offers for students, to get them accurate aid offers as soon as possible,' Justin Draeger, the president of the National Association of Student Financial Aid Administrators, said in a statement, per NPR.

'This could be more difficult for under-resourced institutions that lack the funding, staffing, or technology capabilities of their peers,' he added.

It’s an unfortunate wait that puts everyone in limbo, especially millions of students.

'On the very day that schools were expecting FAFSA applicant information, they were instead notified by the U.S. Department of Education that they shouldn’t expect to receive that data until March, at the earliest,' Draeger said, per NBC News.

'These continued delays, communicated at the last minute, threaten to harm the very students and families that federal student aid is intended to help,' he added."

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: 2/1/2024

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