Navigating FAFSA Delays
As families wait for financial aid offers from colleges and universities, the recent announcement of further delays in the FAFSA timeline by the U.S. Department of Education may have stirred up concerns.
The delay, now stretching into the first half of March, adds another layer of complexity to an already tumultuous FAFSA timeline. This setback poses challenges for both educational institutions and families alike. Related: 7 Reasons Why the 2024-25 FAFSA Application is Delayed
Colleges cannot determine financial aid packages until they receive FAFSA data from the federal government, leaving families in a state of uncertainty regarding their college finances.
Some educational institutions are moving their admission deposit deadlines to allow families extra time to make an informed decision about where to enroll their student. Related: How Do 529 Plans Affect Scholarships?
While financial aid may be up in the air, your Virginia529 account is here when you need it.
Whether it's determining the payout value of using a Prepaid529 account at a Virginia school versus a non-Virginia school or exploring where you want your Invest529 funds to be sent, Virginia529 is here to assist every step of the way.
