Monday, April 29, 2024

Students and parents are frustrated by delays in hearing about federal financial aid for college



NEW YORK – For many scholars, the thrill of being permitted into their first-choice college is being tempered this 12 months by a difficult uncertainty over whether or not they’ll get the financial aid they wish to attend.

The financial aid choices that in most cases move out with acceptance letters are being not on time on account of a later-than-expected rollout of a revised Free Application for Federal Student Aid, the shape often referred to as FAFSA that faculties use to compute financial aid.

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The outcome: Students and their parents are removing their college choices.

“We are not going to make a decision without knowing what we’re committing to financially; it would be irresponsible to do that,” mentioned Jenny Nicholas of Keene, New Hampshire. She needs to ensure that her son, a highschool senior, is going to a college this is maximum inexpensive for their circle of relatives.

The Education Department mentioned the shape can be more uncomplicated for parents to fill out and used a brand new method to compute eligibility for aid that took inflation into consideration. But it wasn’t in a position in October, when the bureaucracy for the approaching college 12 months are in most cases launched. During a comfortable release in December, it used to be difficult for many people to get right of entry to the shape. And the preliminary liberate did not come with the up to date inflation device.

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Schools may not get the information they wish to award financial aid till subsequent month, forcing them to evolve. Some have moved clear of the preferred May 1 cut-off date for scholars to just accept their provides of admission.

Just this previous week, Virginia Tech, for instance, mentioned it had moved its admissions deposit cut-off date for first-year college scholars to May 15. “Understandably so, families are concerned about the FAFSA process this year, and they are telling us that they need more time to make fully informed decisions,” Juan Espinoza, intervening time vice provost for enrollment control, mentioned in a remark.

The college mentioned it expected notifying households about financial aid in mid-April.

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“We can’t make a decision until we see a financial aid package,” mentioned Agata James, a mom of a New York highschool senior from Queens. “Everything is in limbo.”

James’ son choice is torn between two faculties, one in his house state and the opposite an out-of-state college this is his dream college. But James says the verdict will come all the way down to what she will be able to manage to pay for with out amassing a considerable amount of scholar mortgage debt.

The Education Department has mentioned it’s operating to relieve the effects of the delays. Some of those steps taken are decreasing verification necessities, sending federal mavens to under-resourced faculties and allocating cash for technical help to non-profit teams.

“We are determined to get this right,” Education Secretary Miguel Cardona said in a statement this month. “We must, and we will.”

More than 17 million students use the FAFSA every year to receive financial aid for their college education. As of mid-February, more than 4 million forms have been successfully submitted, the department said.

Rachel Reniva of Dothan, Alabama, said the financial aid decision will affect not only her son’s future but also her entire family’s.

Even though the Education Department said the new application would be simpler to use, some students and parents still are having trouble filing.

Jesus Noyola, a sophomore attending Rensselaer Polytechnic Institute in Troy, New York, said he hasn’t been able to submit his form because of an error in the parent portion of the application.

“It’s disappointing and so stressful since all these issues are taking forever to be resolved,” mentioned Noyola, who receives grants and work-study to fund his schooling.

Other mistakes were related to Social Security numbers, mentioned Travis Hill, director for Dallas County Promise, a college luck program in Texas.

Parents with out felony immigration standing are now not ready to put up their portion of the applying as a result of they don’t have a Social Security quantity. Other parents are additionally encountering mistakes linking their Social Security quantity with their kid’s FAFSA utility.

“I’m feeling stressed,” mentioned Lorenzo Jaramillo, 17, a highschool senior who’s taking a look to primary in laptop engineering. Although Jaramillo lives in Toronto, he’s a U.S. citizen and thus eligible for financial aid.

Helen Faith, director of the Office of Financial Aid on the University of Wisconsin-Madison, mentioned she worries that the delays will hurt each scholars and faculties.

“What ends up happening is that our underrepresented and most fragile populations are the ones that are disproportionately affected,” mentioned Hill.

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The Associated Press receives beef up from Charles Schwab Foundation for tutorial and explanatory reporting to fortify financial literacy. The impartial basis is break free Charles Schwab and Co. Inc. The AP is simply accountable for its journalism.

Copyright 2024 The Associated Press. All rights reserved. This subject matter is probably not printed, broadcast, rewritten or redistributed with out permission.

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