Low-Income Students Are Increasingly Filing Financial Aid Forms Too Late
“Many low-income students are hurting their chances to get financial aid because they file the federal form too late, according to the Wall Street Journal. A new study from CampusLogic, which makes software for schools to manage financial aid, reviewed 2.4 million filings of the Free Application for Federal Student Aid, or FAFSA, form. Of those, 30% from students from households with incomes in the lowest fifth submitted their forms after March 1, 2018. But two-thirds of students from households in the highest fifth economically had their forms in by February 1, 2018.”