Skip Sub Menu

FAFSA Delays

What you need to know: FAFSA Simplification Act and timeline

Due to the U.S. Department of Education’s troubled implementation of the FAFSA Simplification Act, colleges and universities across America, Drake included, did not begin receiving 2024–2025 FAFSAs until mid-March—over six months later than previous years. Additionally, nearly half of these FAFSAs were impacted by federal errors or were rejected due to missing consent or signature for the student or FAFSA contributor(s). The Department of Education’s many late revisions to FAFSA technical specifications left software providers (and the schools that rely on them) scrambling to adjust.

The good news is that things are getting better. Schools have now received reprocessed FAFSAs that corrected calculation errors and data issues. Students are now able to make needed corrections to their FAFSAs. Students and contributors who do not have a social security number are now able to complete the online FAFSA as well.

Challenges remain. Schools still cannot make changes to students’ FAFSAs, which are needed to correct known errors or to process appeals for special or unusual circumstances. The Department of Education has stated that schools will be able to make FAFSA corrections by the end of June.

Drake’s Financial Aid Office has been creating financial aid offers as quickly as possible. We recognize the hardship and frustration these delays have caused, and we are committing all available resources to make up for lost time. Thank you for your patience and understanding as we navigate these unprecedented challenges together.

Drake is committed to providing accurate financial aid offers and the flexibility that you need to make an informed college decision. Here is what you need to know:

  • Drake extended its Admissions deposit date to June 1, 2024, to give students and their families the time they need to make their college decision.
  • We promise to do everything in our power to provide an accurate financial aid offer as quickly as possible. To expedite delivery, financial aid offers will be emailed to the email on file for the student.
  • If you need to make changes to your application, visit the Federal Student Aid website for guidance on how to make corrections.
  • To ensure you and your family feel confident about committing to Drake, we will refund the $250 enrollment deposit, up to June 1, should your college plans change after committing.
  • Drake’s Admission Counselors are equipped to answer most financial aid questions and will provide the quickest response while the Financial Aid staff focuses on preparing financial aid offers. Please contact your Admission Counselor if you have any questions about your financial aid package.

Most importantly, we want all our students and families to know that we are working diligently to expedite and send out financial aid packages. We appreciate your patience and understanding as we navigate this process to make it as smooth and stress-free as possible.

University Calendar 
University News