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College Financial Aid Forms Facing Major Delays

IRS tax data transfer issue impacts FAFSA forms for 1 million students.

The Department of Education has discovered another issue affecting some college financial aid forms, potentially causing delays in students' aid awards and leaving them uncertain about their enrollment decisions for the upcoming academic year.

The problem involves tax data transferred from the Internal Revenue Service and affects a portion of the Free Application for Federal Student Aid (FAFSA) forms submitted by students and families this year. It is estimated that around 1 million forms, or fewer than 20%, may have been impacted by this error.

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