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A new FAFSA setback means many college financial aid offers won't come until April

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A new FAFSA setback means many college financial aid offers won't come until April

U.S. Secretary of Education Miguel Cardona has led the department through a massive FAFSA overhaul mandated by Congress about three years ago.

Colin Myers/Claflin University/Getty Images


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Colin Myers/Claflin University/Getty Images


U.S. Secretary of Education Miguel Cardona has led the department through a massive FAFSA overhaul mandated by Congress about three years ago.

Colin Myers/Claflin University/Getty Images

Families and students will have to wait even longer for financial aid offers from colleges and universities.

On Tuesday, the U.S. Department of Education announced yet another delay in the already-turbulent FAFSA (Free Application for Federal Student Aid) timeline: The department says it won’t be sending students’ FAFSA data to schools until the first half of March. Previously, it had said it would start sending that data in late January.

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For more than 17 million students, the FAFSA is the key to unlocking government dollars to help cover the cost of college, including federal student loans, work-study and Pell Grants for low-income students.

This new, four-to-six-week delay puts schools in a difficult bind as colleges can’t determine what financial aid students should get until they receive the government’s FAFSA data.

There is some good news: One big reason for the delay is that the department is fixing a $1.8 billion mistake in the FAFSA that could have especially hurt lower-income students. Proceeding without a fix would have, at best, confused many lower-income borrowers. At worst, it would have taken money out of their pockets and likely discouraged some from enrolling in college.

When that fix was announced, Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators (NASFAA), said it was “the right thing to do.”

Undersecretary of Education James Kvaal said in a statement Tuesday, “Updating our calculations will help students qualify for as much financial aid as possible. Thank you to the financial aid advisers, college counselors, and many others helping us put students first.”

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Kvaal and the department know this delay will hit college financial aid offices especially hard and further compress their timeline for sending out financial aid offers. Draeger tells NPR that if schools don’t receive FAFSA data until early to mid-March, many of them likely won’t be able to send financial aid offers to students until April. For many of those students, that leaves less than a month before they’re expected to commit to a college.

Charles Conn, a top aid administrator at Cal Poly Pomona, tells NPR he is “relieved” the Education Department is fixing that $1.8 billion mistake, but “our hearts sank as we learned that schools will now not begin receiving FAFSA data until the first part of March, at the earliest.”

“It’s going to be difficult to get aid offers out to prospective students before April,” says Brad Barnett, the financial aid director at James Madison University in Virginia. “It’s unfortunate that these delays could impact whether a prospective student goes to college at all this fall, or at the very least where they go.”

The problem for schools — which, by extension, is now a problem for families too — is that, because this year’s FAFSA is the result of a massive overhaul, financial aid offices aren’t entirely sure what to expect from the data they’ll be receiving. Ideally, they’d like several weeks to understand the new datasets and do some quality control of the new financial aid process.

“Schools are furiously reworking their timelines to see just how quickly they could turn around financial aid offers for students, to get them accurate aid offers as soon as possible,” says Draeger of NASFAA. But he points out, “This could be more difficult for under-resourced institutions that lack the funding, staffing, or technology capabilities of their peers.”

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This new setback gives schools very little room for error.

Scott Skaro, the financial aid director at United Tribes Technical College, in North Dakota, says this new FAFSA timeline will be tough on tribal colleges, where more than 80% of students are low income and qualify for a federal Pell Grant.

“This is pretty devastating news,” says Skaro.

It’s good, he says, that the department is acting to make sure students get all the aid they’re entitled to, but not being able to make aid offers to prospective students until April or May could also do real harm.

“Our students rely on the peace of mind that comes with grant aid. And this uncertainty may lead them away from education. I don’t want the seniors of 2024 to be just a lost generation.”

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He worries that the longer seniors have to wait to know if college is affordable, the harder it will be for some to resist “the temptations to just find some entry-level job and give up on additional schooling. I just worry how many there are out there.”

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Map: 4.9-Magnitude Earthquake Shakes Louisiana

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Map: 4.9-Magnitude Earthquake Shakes Louisiana

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Central time. The New York Times

A light, 4.9-magnitude earthquake struck in Louisiana on Thursday, according to the United States Geological Survey.

The temblor happened at 5:30 a.m. Central time about 6 miles west of Edgefield, La., data from the agency shows.

U.S.G.S. data earlier reported that the magnitude was 4.4.

As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.

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Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Central time. Shake data is as of Thursday, March 5 at 8:40 a.m. Eastern. Aftershocks data is as of Thursday, March 5 at 10:46 a.m. Eastern.

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Donald Trump has no ‘phase two’ plan for Iran war, says US senator

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Donald Trump has no ‘phase two’ plan for Iran war, says US senator

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Man accused of plot to assassinate Trump testifies Iran pressured him, says Biden and Haley were other possible targets

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Man accused of plot to assassinate Trump testifies Iran pressured him, says Biden and Haley were other possible targets

The allegation sounded like the stuff of spy movies: A Pakistani businessman trying to hire hit men, even handing them $5,000 in cash, to kill a U.S. politician on behalf of Iran ‘s powerful paramilitary Revolutionary Guard.

It was true, and potential targets of the 2024 scheme included now-President Donald Trump, then-President Joe Biden and former presidential candidate and ex-U.N. Ambassador Nikki Haley, the man told jurors at his attempted terrorism trial in New York on Wednesday. But he insisted his actions were driven by fear for loved ones in Iran, and he figured he’d be apprehended before anything came of the scheme.

“My family was under threat, and I had to do this,” the defendant, Asif Merchant, testified through an Urdu interpreter. “I was not wanting to do this so willingly.”

Merchant said he had anticipated getting arrested before anyone was killed, intended to cooperate with the U.S. government and had hoped that would help him get a green card.

U.S. authorities were, indeed, on to him – the supposed hit men he paid were actually undercover FBI agents – and he was arrested on July 12, 2024, a day before an unrelated attempt on Trump’s life in Butler, Pennsylvania.  During a search, investigators said they found a handwritten note that contained the codewords for the various aspects of the plot, CBS News previously reported

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Merchant did sit for voluntary FBI interviews, but he ultimately ended up with a trial, not a cooperation deal.

“You traveled to the United States for the purpose of hiring Mafia members to kill a politician, correct?” Assistant U.S. Attorney Nina Gupta asked during her turn questioning Merchant Wednesday in a Brooklyn federal court.

“That’s right,” Merchant replied, his demeanor as matter-of-fact as his testimony was unusual.

The trial is unfolding amid the less than week-old Iran war, which killed Iranian Supreme Leader Ayatollah Ali Khamenei in a strike that Trump summed up as “I got him before he got me.” Jurors are instructed to ignore news pertaining to the case.

The Iranian government has denied plotting to kill Trump or other U.S. officials.

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Merchant, 47, had a roughly 20-year banking career in Pakistan before getting involved in an array of businesses: clothing, car sales, banana exports, insulation imports. He openly has two families, one in Pakistan and the other in Iran – where, he said, he was introduced around the end of 2022 to a Revolutionary Guard intelligence operative. They initially spoke about getting involved in a hawala, an informal money transfer system, Merchant said.

Merchant testified that his periodic visits to the U.S. for his garment business piqued the interest of his Revolutionary Guard contact, who trained him on countersurveillance techniques.

The U.S. deems the Revolutionary Guard a “foreign terrorist organization.” Formally called the Islamic Revolutionary Guard Corps, the force has been prominent in Iran under Khamenei.

Merchant said the handler told him to seek U.S. residents interested in working for Iran. Then came another assignment: Look for a criminal to arrange protests, steal things, do some money laundering, “and maybe have somebody murdered,” Merchant recalled.

“He did not tell me exactly who it is, but he told me – he named three people: Donald Trump, Joe Biden and Nikki Haley,” he added.

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In 2024, multiple sources familiar with the investigation told CBS News Merchant planned to assassinate current and former government officials across the political spectrum.

Merchant allegedly sketched out the plot on a napkin inside his New York hotel room, prosecutors said, and told the individual “that there would be ‘security all around’ the person” they were planning to kill.

“No other option”

After U.S. immigration agents pulled Merchant aside at the Houston airport in April 2024, searched his possessions and asked about his travels to Iran, he concluded that he was under surveillance. But still he researched Trump rally locations, sketched out a plot for a shooting at a political rally, lined up the supposed hit men and scrambled together $5,000 from a cousin to pay them a “token of appreciation.”

This image provided by the Justice Department, contained in the complaint supporting the arrest warrant, shows Asif Merchant. 

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AP


He even reported back to his Revolutionary Guard contact, sending observations – fake, Merchant said – tucked into a book that he shipped to Iran through a series of intermediaries.

Merchant said he “had no other option” than to play along because the handler had indicated that he knew who Merchant’s Iranian relatives were and where they lived.

In a court filing this week, prosecutors noted that Merchant didn’t seek out law enforcement to help with his purported predicament before he was arrested. He testified that he couldn’t turn to authorities because his handler had people watching him.

Prosecutors also said that in his FBI interviews, Merchant “neglected to mention any facts that could have supported” an argument that he acted under duress.

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Merchant told jurors Wednesday that he didn’t think agents would believe his story, because their questions suggested “they think that I’m some type of super-spy.”

“And are you a super-spy?” defense lawyer Avraham Moskowitz asked.

“No,” Merchant said. “Absolutely not.”

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