- ORIGINAL NEWS
Some students are still struggling to access college aid amid ongoing FAFSA ‘disaster’
- SUMMARY
College students are facing significant challenges in obtaining financial aid due to ongoing issues with the Free Application for Federal Student Aid (FAFSA).
As a result, a staggering 2.6 million fewer FAFSAs have been submitted this year, representing an alarming 20% decline.
Experts attribute this decrease to several factors.
One major problem involves parents without Social Security numbers, which initially hindered applications for undocumented immigrants like Ramon Montejo García.
Additionally, many families mistakenly believe they do not qualify for aid or encounter difficulties with the complex application process.
The FAFSA is crucial in determining college eligibility, as students who complete the application are 84% more likely to enroll immediately.
Unfortunately, the current situation has resulted in fewer students receiving financial aid offers, and some may reconsider their college plans entirely.
Many institutions are now awarding aid based on information already available, but it remains uncertain how this will impact students’ long-term decisions about their education.
The Department of Education reassures students and encourages them to stay in touch with schools and the department itself for support.
Compounding the difficulties, only 28% of the high school class of 2024 has completed the FAFSA, a sharp decline of 38% compared to last year.
This slowdown also affects Pell Grant eligibility, despite changes in the formula intended to expand access.
Experts emphasize the importance of students applying for the FAFSA, as they could miss out on billions of dollars in potential grants.
The simplification efforts aimed at increasing college accessibility have been undermined by the ongoing obstacles, leaving a significant number of students at a disadvantage.
- NEWS SENTIMENT CHECK
- Overall sentiment:
negative
Positive
“Under the new aid formula, an additional 2.1 million students should be eligible for the maximum Pell Grant, according to the Department of Education.”
“Submitting a FAFSA is one of the best predictors of whether a high school senior will go to college, the National College Attainment Network found.”
Negative
“Problems with the new Free Application for Federal Student Aid have resulted in fewer students applying for college financial aid.”
“Ongoing problems with the new Free Application for Federal Student Aid have delayed financial aid award letters and even prevented many high school seniors and their families from applying for aid at all.”