"FAFSA Form Fixes Unlock $1.8 Billion in Additional Student Aid"
TL;DR Summary
The Education Department plans to fix an error in the FAFSA form that failed to adjust financial aid tables for inflation, potentially limiting students' financial aid. The fix will occur for incoming 2024-25 students, but its timing is uncertain and could lead to delays in financial aid offers. The department estimates that the fix will provide an additional $1.8 billion in federal student aid, but experts warn of potential delays and compressed decision-making timelines for students.
Topics:nation#education#education-department#fafsa#financial-aid#inflation-adjustment#student-financial-aid
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