Problems With Federal Financial Aid Program Leaves Many College Bound Students in Limbo

"Computer glitches in the U.S. Department of Education's recently overhauled financial aid system have left many students unable to commit to a school," CBS News reports.

... "Typically, the Department of Education releases the forms on Oct. 1 and sends the students' data to colleges within one to three days of a submission. This year, the application forms came out three months late. It's estimated that more than 25% of colleges have still not sent aid packages, according to a report last week from the National Association of Student Financial Aid Administrators."

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: 5/13/2024

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