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Another FAFSA Failure Will Delay Aid Payments

College Planners of America

Still, the agency said it recognizes the time sensitivity and extra administrative burden for institutions and is offering technical assistance to help colleges with the process. Some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks.

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Another FAFSA Failure Will Delay Aid Payments

College Planners of America

Still, the agency said it recognizes the time sensitivity and extra administrative burden for institutions and is offering technical assistance to help colleges with the process. Some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks.

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Crunch Time for the FAFSA Rollout

College Planners of America

To make up for this lost time, the ED has recommended that colleges recalculate affected Student Aid Indexes ( SAI’s ) manually and then send students estimates of the net cost to attend their college. This has hobbled colleges racing to get accurate information to admittees in advance of enrollment deadlines.

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Crunch Time for the FAFSA Rollout

College Planners of America

To make up for this lost time, the ED has recommended that colleges recalculate affected Student Aid Indexes ( SAI’s ) manually and then send students estimates of the net cost to attend their college. This has hobbled colleges racing to get accurate information to admittees in advance of enrollment deadlines.

FAFSA 52
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FAFSA Delay Will Cause Problems 

College Planners of America

This will adversely affect the college plans of students planning to apply in the 2023-24 admissions cycle as well as students who need to re-apply for Federal aid each year. Schools and financial aid offices have built their timelines on college advising and FAFSA help around an October 1 release date.

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Looming U.S. Debt Ceiling Limit Presents Concerns for Higher Ed

Diverse: Issues in Higher Education

“Unfortunately, in the last several years, colleges and universities and financial aid offices have gotten used to a political game of chicken in Washington, D.C., Colleges are hoping that a potential default would be short and have a limited effect on students, given that aid is mostly distributed in the fall or winter.

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Secret Shopper Policy Draws Praise, Concern

Diverse: Issues in Higher Education

The Department of Education’s announcement last week of a secret shopper program to investigate the recruitment, enrollment, and financial aid practices of schools has garnered mixed reactions. While advocates of access hailed the policy, the for-profit sector and financial aid offices raised worries.