"With less than two weeks until the typical May 1 commitment deadline, only 34 percent of colleges have started sending financial aid offers to accepted students, according to new survey data from the National Association for Student Financial Aid Advisers (NASFAA); 54 percent had not begun packaging offers at all," Inside Higher Ed reports.

"The survey also found that 29 percent of colleges are waiting to receive reprocessed Institutional Student Information Records, or ISIRs, before starting the packaging process. Last week, the Department of Education said it had begun reprocessing the nearly half a million forms affected by various errors and miscalculations, but that it could take several more weeks to finish."

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: 4/22/2024