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On January 30, the day before it was scheduled to start transmitting ISIR’s to colleges, the ED announced that most ISIR’s wouldn’t go out until mid-March. The ED needed time to change its aid formula to account for inflation, which was required under the Act but which hadn’t been included in the project. Department of Education.
On January 30, the day before it was scheduled to start transmitting ISIR’s to colleges, the ED announced that most ISIR’s wouldn’t go out until mid-March. The ED needed time to change its aid formula to account for inflation, which was required under the Act but which hadn’t been included in the project. Department of Education.
The FAFSA for the 2024-25 admission cycle is now scheduled to open in December 2023. 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.
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