The new FAFSA system is experiencing problems, causing delays in the delivery of financial aid award letters. This is making it difficult for students to make informed decisions about their enrollment before the deadlines. However, it also provides an opportunity for college hopefuls to consider their options without factoring in aid.
Problems with the new FAFSA have delayed financial aid award letters , making it harder for students to make informed decisions about next year ahead of enrollment deadlines.This could also be an opportunity for college hopefuls to weigh their options before factoring in aid, according to Nancy Goodman, founder of College Money Matters., the U.S. Department of Education said the delivery of some FAFSA applications would be further delayed due to ongoing issues with applicants' tax data.
. Tuition and fees plus room and board for a four-year private college averaged $56,190 in the 2023-2024 school year; at four-year, in-state public colleges, it was $24,030 per year, "For many of our students, it's less about comparing offers and more about 'can I go at all,'" said Charles Welch, president and CEO of the American Association of State Colleges and Universities.
"Our number one concern is making sure we give students every opportunity they can to make determinations about financial eligibility," Welch said.However, this could also be an opportunity to weigh your options before factoring in aid, according to Nancy Goodman, founder of College Money Matters, a nonprofit focused on helping high school students and their families make informed decisions about paying for college.
FAFSA Financial Aid Award Letters Enrollment College Students Delays Options
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