Hundreds of thousands of financial aid applications need to be fixed after latest calculation error

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Hundreds of thousands of financial aid applications need to be fixed after latest calculation error
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The U.S. Education Department says it discovered a calculation error in hundreds of thousands of student financial aid applications sent to colleges this month and will need to reprocess them, a blunder that follows a series of others and threatens further delays to this year’s college applications.

FILE - Education Secretary Miguel Cardona speaks during an interview, Sept. 20, 2023, in Washington. The U.S. Education Department says it discovered a calculation error in hundreds of thousands of student financial aid applications sent to colleges this month and will need to reprocess them, a blunder that follows a series of others and threatens further delays to this year's college applications.

“This is another unforced error that will likely cause more processing delays for students,” said Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators. It resulted in a lower Student Aid Index for those students — indicating they have more financial need than they do in reality.

Senate Republicans are requesting a hearing with Education Secretary Miguel Cardona to discuss their “serious concerns” about the FAFSA rollout.

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