01/24/2024

Education Department Says It Will Fix Its $1.8 Billion FAFSA Mistake

Mistake would impact federal, state and school-based aid

Families have a lot of questions right now about how much help they'll get paying for college — questions that financial aid offices can't yet answer.

That's because this year's Free Application for Federal Student Aid (FAFSA) is months behind schedule. And to make things really complicated, it includes a mistake that would have cost students $1.8 billion in federal student aid.

We covered the mistake in detail here. In a nutshell: The U.S. Education Department's FAFSA math, for deciding how much aid a student should get, is wrong.

Please select this link to read the complete article from NPR.