"The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down," CNN reports.

..."The announcement of Cordray’s departure comes as his office has been under fire for problems with a new version of the Free Application for Federal Student Aid, or FAFSA, released late last year. Delays and technical glitches have kept millions of students waiting to hear how much college will cost them this fall and have raised concerns that some low-income students won’t enroll at all.

Earlier this month, Cordray became a focus of a hearing held by the House Committee on Education and the Workforce about the FAFSA rollout.

'If there was a financial aid director, or even a college president, that delayed financial aid on their campus for up to six months, the professional price that would be paid for that would be pretty steep,' Justin Draeger, president of the National Association of Student Financial Aid Administrators, told lawmakers."

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: 4/26/2024