Miscalculation in FAFSA Formula Is ‘Another Unforced Error’

A technical problem with the Free Application for Federal Student Aid, or FAFSA, has resulted in inaccurate estimates of some applicants’ aid eligibility, the U.S. Department of Education announced on Friday. The latest snag in a series of complications with the new form will require the department to reprocess and resend a few hundred thousand aid applications to colleges this spring, probably delaying when those students will receive financial-aid offers. The problem, which the department said had been fixed, affected applications from dependent students who reported assets on their FAFSA, according to the announcement.