"Many changes await college students across Michigan as they begin a new school year. ... Students will be barely settled into this fall’s classes when it will be time to start thinking about financial aid for the following school year," The Detroit News reports.
"Starting Oct. 1, all students can now file the Free Application for Federal Student Aid (FAFSA), rather than waiting until Jan. 1. The date change is aligning financial aid applications with college admissions.
Experts say the earlier timetable is aimed at helping prospective college students develop a better understanding about their expected family contribution, which should help them decide where they could enroll.
It’s also aimed at encouraging more students to apply for financial aid.
Justin Draeger, president of the National Association of Student Financial Aid Administrators, said the change is an important first step in the simplification process 'and can be a launching off to further simplify and streamline the application process.'"
NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 9/6/2016