"Some college students may not be able to pay for tuition, books and other bills when classes start in a few weeks due to the latest hiccup in submitting FAFSA forms to the U.S. Department of Education," Fox News reports.

... "The federal agency announced Tuesday that colleges will not be able to submit corrections to the FAFSA (Free Application for Federal Student Aid) in batches. Each year, colleges process hundreds, sometimes thousands, of FAFSA corrections that must be completed before financial aid offers can be issued and students can be paid, the National Association of Student Financial Aid Administrators (NASFAA) explained. Corrections are submitted when circumstances change – such as a job loss or reduction in salary – that could make it more difficult to pay for college."

... "Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators, called the latest issue with FAFSA forms '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,' Maglione said. 'And for schools, [this] 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: 8/1/2024