FAFSA Data Delayed Until March, Impacting College Aid Offers

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Source: The New York Times
FAFSA Data Delayed Until March, Impacting College Aid Offers
Photo: The New York Times
TL;DR Summary

The Department of Education announced that it will not transmit Free Application for Federal Student Aid (FAFSA) data to schools until early March, causing a delay in colleges finalizing financial aid packages for high school seniors. This delay poses a particular problem for low-income students, as it may determine whether they can afford to start or continue their education. The delay is attributed to the late update of calculations for inflation, resulting in larger Pell Grants for 1.3 million people, but it disrupts the work of financial aid officers who are already navigating significant changes to the system.

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