"The Biden administration plans to roll out a revamped federal student aid application by the end of the year but expects aid processing delays in the first several months of next year, the agency said on Wednesday," POLITICO reports.

... "The National Association of Student Financial Aid Administrators warned that the processing delays could slow down the delivery of financial aid offers to some students. The department 'may have met the letter of the law' by releasing the FAFSA by January 1, the group’s president, Justin Draeger said in a statement, but he added that 'any significant delays in delivering applicant data to schools would fall short of the spirit of the law.'"

"The delays could leave 'the most vulnerable student populations in limbo as they wait for the financial aid information they need to make vital college-going decisions,' Draeger said."

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: 11/15/2023