The forms to apply for financial aid were released three months late this year, and one estimate shows over 25% of schools still haven't sent out aid packages.
Computer glitches in the U.S. Department of Education's recently overhauled financial aid system have left many students unable to commit to a school.Jojo Henderson, a senior from Pittsburg, Texas, was stuck in limbo for months while waiting to learn what sort of financial aid he might get.'I'm frustrated because it's just like, you do everything that you're supposed to do and then you have to wait on the government to catch up,' Henderson told CBS News.
1 and sends the students' data to colleges within one to three days of a submission. This year, the application forms came out three months late. It's estimated that more than 25% of colleges have still not sent aid packages, according to a report last week from the National Association of Student Financial Aid Administrators. New Jersey senior Jailen James finally received her aid package close to the decision deadline.
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