Still waiting on financial aid offers? Here’s what you can do now
By Eliza Haverstock | NerdWallet
May 1 was supposed to be “college decision day” for high school seniors across the country. But months of Free Application for Federal Student Aid (FAFSA) errors and financial aid offer delays have left scores of students unsure of their post-secondary plans, or whether they can afford college at all.
Nationwide, FAFSA completion is down about 17% from this time last year, according to the National College Attainment Network. Schools are now scrambling to get financial aid offers out. As of May 7, roughly 28% of institutions had yet to begin assembling financial aid packages for accepted applicants, according to a poll by the National Association of Student Financial Aid Administrators (NASFAA).
Most persistent FAFSA errors have largely been resolved, including an issue that prevented students in mixed-citizenship status families from submitting the form. However, some students may now face college decision deadlines without all of their financial aid offers on the table.