"Two-thirds of colleges and universities polled in a new survey said they don’t believe they’ll be able to successfully process student financial aid data in the next few weeks. And fewer than half of them are adjusting their decision deadlines so far," USA Today reports.

..."But the Biden administration’s limited transparency about its struggles with the rollout have led to a dramatic erosion of trust between the federal government, colleges and students in the past few months. As the department works to clear a backlog of roughly 2 million applications, colleges are urging federal officials to be as straightforward as possible about any more potential hiccups.

'If they have observed some issues that are going to need to be fixed in some way, we’ve asked them to release whatever it is that they know – like now,' said Karen McCarthy, vice president of public policy and federal relations at the National Association of Student Financial Aid Administrators, in a podcast interview Friday."

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: 3/29/2024