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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.

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St. Augustine's University Placed on Probation

Diverse: Issues in Higher Education

According to the school, student financial aid will not be affected. . The school had been “on monitoring” for two years, the maximum consecutive monitoring period, according to the agency.

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Are your school’s hidden costs spooking students? Here’s how to tell it to them straight

University Business

But what bugs students about college costs isn’t just that it’s expensive; it’s because they rarely understand by how much. And schools got that,” said National Association of Student Financial Aid Administrators (NASFAA) President Justin Draeger, according to The Washington Post.

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Will FAFSA Simplification Make Life Easier for Colleges and Applicants?

EAB

EAB’s Kathy Ruby and Madeleine Rhyneer explore changes to FAFSA forms themselves and to how the federal government calculates eligibility for student financial aid. Follow the podcast on Spotify , Google Podcasts , Apple Podcasts , SoundCloud and Stitcher or visit our podcast homepage for additional episodes.

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Legislation won't solve unclear financial aid offers (letter)

Confessions of a Community College Dean

Column: Letters to the Editor To the Editor: I write regarding Wesley Whistle's December essay urging Congress to step in to improve the transparency of financial aid letters. Consider that a third of schools in a Government Accountability Office (GAO) report used a federal template created by the U.S. Justin Draeger.

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

University Business

But about 90% of colleges “understate or don’t include the net price” in their offers, according to a report released this week by the Government Accountability Office. “The GAO report highlights the ways schools are falling short in communicating college costs to students.

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College endowments dropped in fiscal year 2022

Confessions of a Community College Dean

NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid. Colleges tapped into their endowments for a variety of reasons, but primarily for student financial aid.