A new FAFSA problem could keep families waiting longer for financial aid awards

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A new FAFSA problem could keep families waiting longer for financial aid awards
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It's possible that colleges received inaccurate information about some families' finances after some applicants submitted the FAFSA to the Department of Education.

The new FAFSA application has 72 fewer questions than previous years. Here's what you need to know.The Department of Education has found another problem impacting some college financial aid forms that could further delay students' aid awards, leaving them in limbo as they decide where to enroll next year.

The new error is the latest complication with this year's FAFSA process, which has been marked with delays and glitches after a long-awaited, updated version of the financial aid form was released. Just over a week ago, the department identified a separate calculation error impacting several hundred thousand forms.

"We recognize how important it is for schools and families to have the information they need to package and receive aid offers," the Education Department said in the notice posted Saturday. Usually, the form is available on October 1, so this year's application process was delayed from the start. Meanwhile, students and families have experienced a number of glitches with the new form. At first, parents who don't have Social Security numbers had problems starting a form for a student or contributing to one their child already started - even though they should be allowed to create an account with Federal Student Aid and access the form.

In February, the department announced several new steps it was taking to help colleges process the new FAFSA forms and develop student aid awards.The FAFSA has long been due for an update, and the new version released at the end of last year is a culmination of changes approved by Congress in 2019 and 2020.

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