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With decimal mistake, students become millionaires

President Obama And First Lady Speak On Importance Of Education At Miami High School
AP Education Writer

WASHINGTON (AP) -- Low-income students have inadvertently presented themselves as millionaires on an application for federal financial student aid - making it less likely they will qualify for grants and loans.

The mistake stems from an online form change to the Free Application for Federal Student Aid, or FAFSA, made Jan. 1 that expanded the space to enter income. Thousands of students have since then unnecessarily entered a decimal point that the system was ignoring. That means someone with an income of $20,000.19 could inadvertently register income of $2,000,019.

The Education Department has said about 165,000 applicants have been identified as affected. The department said Monday a fix was made to the system last week and applications submitted this year are under review.

The National Association of Student Financial Aid Administrators was encouraging applicants with questions to reach out to their institution's financial aid office.

"At a minimum, it's an inconvenience," said Justin Draeger, president of the association. "At a maximum, it could really affect your financial aid award."

The FAFSA form is used to obtain federal loans and grants and millions are processed annually. Some states and colleges also use it to determine eligibility for other aid.

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buddwhyzr July 07 2014 at 6:27 PM

Can this administration get through ONE DAY without some ridiculously inept screw up?

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1 reply
mercinyc buddwhyzr July 08 2014 at 12:37 AM

No. Absolutely not.

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YourFtr July 08 2014 at 12:02 AM

Obama will be distributing copies of the form to all the people coming across the Borders........
Just in case the United States isn't Bankrupt enough.....!1??
"I don't understand why I can't get the US to collapse financially no matter what I try....!??" says Obama....

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runswthscisors40 July 07 2014 at 7:39 PM

There is no federal law that prohibits the admission of undocumented immigrants to U.S. colleges and universities, public or private, nor does federal law require students to prove citizenship in order to enter U.S. institutions of higher education...........

What has happened to our country???.........

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1 reply
mercinyc runswthscisors40 July 08 2014 at 12:38 AM

It's been sold down the river for democrat votes.

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hmadden July 07 2014 at 8:27 PM

And these are the idiots that you want controlling your health care?

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tomaza1 July 08 2014 at 12:01 AM

See Goverment working with your Tax dollars

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kcandell July 07 2014 at 9:28 PM

Why would there be more boxes to enter income beyond the number of digits in the maximum income value to qualify for FAFSA?

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3 replies
Berto July 07 2014 at 11:16 PM

Another example of the incompetency of government agencies. Some moron made a change, probably WITHOUT checking with anyone about it, and screwed up the system for over 150,000 people. How STUPID are these people? And they think they can run a health system nobody in their right mind wants? Unbelievable!!

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chuck July 08 2014 at 12:01 AM

no wonder there was a mistake. look who is in the pic.

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rn1982la July 07 2014 at 11:58 PM

let texas decide who come accross the border like arizoma governor has tried to stop illegal how about bounty on illegals remember that make a job available legal american that 20 millions jobs creation

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1 reply
BoB rn1982la July 08 2014 at 4:37 AM

english? Look, living in Texas, it is not the Mexicans comming across the boarder that has us upset, it is the Chinise, Saudis, Iranians, iraqies, and all the others. The drug cartels are charging the kids $5,000 to get them to the boarder then when the patrol is deraling with he kids they are comming across the boarder with the drugs and the terrosist that have paid them $50,000 t get them in the USA.

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YourFtr July 07 2014 at 11:55 PM

If you make a Decimal mistake on the form.......
perhaps you shouldn't be getting 'student' aid.....!!?
Also why is it called the 'Free' application...??
Does the government charge for other applications ??

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