Education Department Begins Sending Financial Aid Data After Delays
Colleges start receiving crucial data for financial aid offers, easing months of uncertainty for families and institutions.
- After months of delays, the Education Department has begun sending financial aid data to colleges, starting with a few dozen schools.
- The delays have caused uncertainty among families and may impact students' decisions on pursuing higher education.
- The Free Application for Federal Student Aid (FAFSA) overhaul aimed to simplify the process and expand aid, but faced technical issues and a delayed rollout.
- Investigations by Congress and the Government Accountability Office are underway to examine the handling of the FAFSA overhaul.
- Colleges have extended enrollment deadlines in response to the delays, while the Education Department updates its formula to account for inflation.