The office of Federal Student Aid (FSA) has issued a letter this week to the leadership of all institutions of higher education. The letter highlights monumental changes in the policies and processes used by students to apply for financial aid. The text of the letter is available here.
The FAFSA Simplification Act mandates the most significant overhaul in access to federal student aid in decades. The FSA letter encourages college presidents to allocate sufficient resources to staffing, software updates, and training to avoid the risk of non-compliance, fines, or other liabilities. You can learn more about the FAFSA simplification changes here.