"As the enrollment deadline draws near for universities, some students still don't know if they will get the financial aid they need to pay for school," NBC DFW reports.

..."At first, many applicants reported trying unsuccessfully for hours and even days just to log on and start filling out a form. For those who succeeded in filing applications, an early miscalculation left out inflation adjustments for everyone who had applied.

Then two weeks ago, the federal agency announced that its system also didn’t include all data fields to correctly calculate aid based on the assets students reported, requiring their applications to be reprocessed and resent to schools.

'At this stage in the game and after so many delays, every error adds up and will be felt acutely by every student who is counting on need-based financial aid to make their postsecondary dreams a reality,' Justin Draeger, the president and CEO of the National Association of Student Financial Aid Administrators, said in a statement 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: 4/3/2024