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+--- Thread: FAFSA?... Yeah... No. (/Thread-FAFSA-Yeah-No)
FAFSA?... Yeah... No. - Maxmars - 08-14-2024
Anyone in the US who has children of the age to seek a higher-level education knows the word... FAFSA... ( Free Application for Federal Student Aid )
One definition of FAFSA is "The FAFSA is a form used to apply for federal financial aid to pay for college in the United States. It measures the expected family contribution (EFC) and determines eligibility for need-based and non-need-based aid."
FAFSA officially appeared with the policy of making the application available by October 1st in anticipation of the subsequent school-year...
But last year, the 'launch' of the FAFSA forms into the wild was delayed significantly... being partly distributed in December...
They had anticipate some 17 million applications by March of 2024 (as past numbers indicated)... but only some 5 million had been received... if the applications were a factor... this means that the late launch and some pretty unpleasant 'glitches' in the new system must have cost banks a significant amount of revenue... (https://thehill.com/homenews/education/4534943-fafsa-applications-college-students/)
... So this year rolls around and BANG!
From Money: FAFSA Launch Will Be Delayed for a Second Year
Somehow... after the past problems... someone decided not to change a thing...
Since we are talking about a lot of dollars here, I wonder what the real angle is for this to become the "status quo" (perhaps.)
They are going to 'test' the FAFSA support process in October to a few students... then to some thousands more... fully sending the forms out everywhere until December... again.
What ARE they actually testing? Data processing algorithms? And why haven't they 'tested' it already?
