Still Waiting On Financial Aid Offers? Here’s What You Can Do Now

"May 1 was supposed to be “college decision day” for high school seniors across the country. But months of Free Application for Federal Student Aid (FAFSA) errors and financial aid offer delays have left scores of students unsure of their post-secondary plans, or whether they can afford college at all," NerdWallet reports.

... "Nationwide, FAFSA completion is down about 17% from this time last year, according to the National College Attainment Network. Schools are now scrambling to get financial aid offers out. As of May 7, roughly 28% of institutions had yet to begin assembling financial aid packages for accepted applicants, according to a poll by the National Association of Student Financial Aid Administrators (NASFAA)."

... "To give students and families more time to receive and consider financial aid offers, 63% of public four-year colleges have extended their decision deadlines, according to NASFAA. Typical May 1 deadlines may now be as late as mid-June, July or even August. The National Association for College Admission Counseling has a comprehensive list of updated 2024-25 college deadlines."

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: 5/28/2024

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