Feds Suspect More FAFSA Errors, Will Again Reprocess Forms

For the second time this year, the U.S. Department of Education will reprocess tens of thousands of federal student aid applications because of a decimal place error, officials announced Thursday. The department said that next week it will reprocess "less than 160,000" applications where officials suspect a student may have incorrectly inserted a decimal place into the online application's income box, artificially boosting his or her wealth in the eyes of the federal formula that determines aid. Read more...