"FAFSA Delays Spark Concern as Department of Education Offers Aid to Struggling Colleges"
TL;DR Summary
The Department of Education will update the Free Application for Federal Student Aid (FAFSA) to account for inflation, resulting in a $1.8 billion increase in aid. However, this will delay the award notification timeline until spring, causing potential setbacks for students and colleges. The 2024-25 FAFSA form expands eligibility for federal student aid and Pell Grants, with a streamlined user experience and reduced number of questions. Students seeking additional funding for school may consider private student loans while interest rates are low.
- FAFSA inflation fix scheduled for mid-March, delays award notification until spring Fox Business
- College Financial-Aid Applications Fall 57% The Wall Street Journal
- FAFSA application delays leave Triangle universities and students concerned WTVD-TV
- Amid FAFSA delays, Dept. of Education offers a helping hand USA TODAY
- Feds offer more help to Texas colleges struggling with FAFSA snags The Texas Tribune
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