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Potential Processing Delays for Financial Aid Due to Calculation Error

Diverse: Issues in Higher Education

Education Department (ED) said it has discovered a calculation error in student financial aid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications. Department of Education. “It

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Financial aid offices: How to stop a massive employee exodus

University Business

Financial aid offices were already struggling with staff shortages, a lack of representation and other personnel challenges when the FAFSA fiasco struck higher ed. The report found that median salaries for financial aid employees are higher at colleges and universities that process more FAFSA applications.

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These 10 states spend the most financial aid dollars per undergrad student

University Business

In Scholaroo’s recent student financial aid index report, the scholarship-tracking service investigated the amount of money each state is allocating to its students through assistance programs. The report broke it down by each undergraduate student on average, by state.

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In an ‘unforced error,’ the feds just botched financial aid data for roughly 200K students

University Business

Department of Education sent hundreds of thousands of inaccurate student financial aid assessments to colleges in recent weeks, it acknowledged Friday —an error it blamed on an outside vendor. General Dynamics in particular has been a sore subject in the Education Department in recent months. Read more from USA Today.

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Is your college following the 10 best practices for financial aid transparency?

University Business

Most colleges are not following best practices for providing clear and standard information in their financial aid offers. That’s a direct quote from the latest federal analysis of how easy—or difficult—colleges and universities are making it for students to figure out how much higher ed will cost. Label type of aid.

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Why did these 5 law schools improperly disburse over $2 million in financial aid?

University Business

Federal Student Aid discovered five law schools that improperly disbursed $2.9 million of ineligible federal financial aid funds to 92 students between 2017 and 2022. More from UB: Higher ed may see its first HBCU reach R1 status thanks to this grant Was the federal aid disbursed knowingly or with ignorance?

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Minoritized, First-Gen Students Most at Risk from FAFSA Delays

Diverse: Issues in Higher Education

When you have students applying to early action or early decision trying to finalize where they’re gonna go—for a lot of our students, that financial need is really important.” For states that run out of state aid, if you’re not one of the students who was able to successfully navigate getting a FAFSA I.D.,