Assumption University, a Massachusetts private university, plans to dodge the headache of the new FAFSA implementation with its own form that promises to provide applicants as early as next week.
The suit called 17 elite schools a "cartel" and "gatekeepers of the American dream" for defrauding students of hundreds of millions of dollars in financial aid.
The result of a Title IV compliance review could include fines, submitting technically perfect requests to the department for reimbursement and even losing eligibility for financial aid.
FAS found that only about 25% of institutions are satisfied with existing financial aid services. Recent national developments will only exacerbate the problem.
International student enrollment has largely recouped to pre-pandemic numbers, including at the graduate level, with students from India, China, Sub-Saharan Africa and Iran helping drive the way.
Despite the net price for private colleges falling by 11% in the past five years, nearly one-third of parents and students believe that a college education is overpriced. This one simple tactic can be to blame.
Inflation, decreased school endowments and state budget cuts are causing university tuition to rise by up to 9%. As a result, most colleges are choosing to pump up their financial aid packages and scholarship programs to cushion the blow to students.
It behooves most colleges and universities to analyze the financial contribution of their student-athletes by sports teams. Adding or removing a team could substantially impact an institution’s tuition revenue, financial aid, and instructional expenses.
