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The New College Financial-Aid Form Miscalculated 20% of Applications

Up to 20% of those who applied for college financial aid using the federal government’s new online form received incorrect results that could reduce aid packages. The revamped Free Application for Federal Student Aid, which had already been plagued by delays, didn’t have the right tax information on more than one million forms out of the 6.5 million submitted, the Education Department said Monday.
 
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