"Colleges and universities planning to submit batch corrections for students’ federal financial aid applications won’t be able to do so for this cycle, the Education Department announced Tuesday," Inside Higher Ed reports.

... "Beth Maglione, interim president of National Association of Student Financial Aid Administrators, said in a statement that the announcement was 'beyond frustrating.'"

"'While we understand that resources are finite and ensuring next year’s FAFSA is fully functional is critical, the federal government is still obligated to ensure this year’s students are able to access critical funds,' Maglione said. 'The department’s poor planning has led to a stunning failure: some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks. And for schools, the impact of today’s announcement means more than a few extra hours of work. It’s the difference between pushing a button versus making thousands of keystrokes in terms of administrative burden.'"

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: 7/31/2024