"An overhaul of the federal student aid application was supposed to make it simpler this year—instead the college acceptance process has been thrown into chaos as the changes have created delays," Investopedia reports.

..."The National Association of Student Financial Aid Administrators said the “challenging” rollout of the new system threatened to harm the families it’s intended to help.

'With this last-minute news, our nation's colleges are once again left scrambling as they determine how best to work within these new timelines to issue aid offers as soon as possible. So the students who can least afford higher education aren't the ones who ultimately pay the price for these missteps,' association president Justin Draeger said in a statement."

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: 1/30/2024