"The Education Department is assuring schools and students that its financial aid process will be fixed after a botched overhaul led some colleges to say they were seeing decreased enrollments," NBC News reports.

..."In May, Cardona announced a “full-scale review” of the Federal Student Aid office that oversees FAFSA and promised 'transformational changes' at the division. As of this week, officials said they’ve processed 14.2 million FAFSAs, with no remaining backlogs, and completions are down only 2.8% since last year — though the National College Attainment Network says that falloff is even greater, at nearly 10%.

The National Association of Student Financial Aid Administrators praised the Education Department for listening to input from administrators and “communicating fall timelines ahead of time.” But Beth Maglione, the group’s interim president and CEO, urged the government to get it right all at once for the following academic year.

'The fact that we are still, to this day, dealing with the aftershocks of this year’s FAFSA rollout shows just how imperative it is that the process is thoroughly tested from end to end and launched as a system, not in a piecemeal manner,' she said in a statement this month."

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: 8/24/2024