WASHINGTON (CNN) — The Department of Education said Friday that it has identified a vendor’s calculation error impacting several hundred thousand financial aid ...

The Education Department will update guidelines used to determine how much financial aid a student qualifies for, correcting an error that would have resulted in some ...

The Education Department did not update its guidelines for financial aid eligibility calculation for the new, simplified Free Application for Federal Student Aid, which is set to launch by the end of ...

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

The FAFSA is open and so far without the problems of the last two years, but for families who have had big income changes, the form is just the first step. Here is how you can appeal for more aid ...

The Department of Education said this week that it is making an additional adjustment to this year’s Free Application for Federal Student Aid, known as the FAFSA, that will make $1.8 billion more ...

A new, simplified Free Application for Federal Student Aid (FAFSA) form is coming in December. Along with the easier-to-complete form, there'll be changes in how your aid is calculated. Most people ...

This fall could be an unusually stressful time for families with children planning to start college next year. The cause: Many will be guessing about how much they will have to pay or borrow for ...

Filling out the Free Application for Federal Student Aid (FAFSA) is the first step in qualifying for financial aid like grants and loans. However, many students still skip it. According to the ...

Washington (CNN) — The Department of Education said Friday that it has identified a vendor’s calculation error impacting several hundred thousand financial aid ...

Later in January, the Department of Education made a last-minute fix to tie the new financial aid calculation to the latest inflation data. The adjustment made $1.8 billion more in financial aid ...