Parents and college-bound students are typically stressed out this time of year – with many awaiting decisions and financial aid from the Free Application for Federal Student Aid (FAFSA).
Federal aid unlocks a kind of grant program treasure chest for students. This year, however, that process is delayed.
This occurs as the U.S. Department of Education fixes an error in the FAFSA application that would have cost lower-income students more money.
The department takes student FAFSA information and sends that data to schools. The date ensures that colleges and universities can get financial aid offers out to students. But now, the department won’t be sending students’ FAFSA data to schools until the first half of March.
Decisions won’t come for many until early April.
