What Happened to Applying for Student Financial Aid This Year?

What Happened to Applying for Student Financial Aid This Year?
For some families, federal financial aid is one of the main reasons they can afford to send their children to college. Shutterstock
Anne Johnson
Updated:
For some families, federal financial aid is one of the main reasons they can afford to send their children to college. In the 2021–22 school year, 70 percent of full-time, first-year undergraduate students were awarded some type of financial aid, most of which was through federal grants.

However, this year, applying for financial aid was a problem for many students. The new free application for federal student aid (FAFSA) was rolled out, and it was riddled with problems.

Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.