FAFSA delays caused many colleges to extend enrollment periods, moving the deadline for students to review financial aid offers for the fall. Consumer Investigator Rachel DePompa spoke to an expert about the impact and what you can do to be prepared.
rollout of the revamped Free Application for Federal Student Aid, or FAFSA, application has been fraught with delays and technical problems
“They did not calculate things correctly, including putting in inflation adjustments. The result is that families would have gotten significantly less financial aid because they should be getting more money due to the higher inflation that we have been seeing,” Farrington said. “The result is the Department of Education said we are going to recalculate all the numbers, but we’re not going to be able to send this information to colleges until mid-March.
May 1 has been the traditional deadline, but he suggested that parents and students should check with their prospective college since the deadline may have been moved.
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