WASHINGTON (CNN) — The Department of Education said Friday that it has identified a vendor’s calculation error impacting several hundred thousand financial aid ...

Nearly two dozen private colleges are offering an online tool that factors in need-based grants and scholarships to estimate ...

A vendor working for the federal government incorrectly calculated a financial aid formula for more than 200,000 students, the department said Friday. The information was sent to colleges to help them ...

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The Education Department did not update its guidelines for financial aid eligibility calculation for the new, simplified Free Application for Federal Student Aid, which is set to launch by the end of ...

Washington (CNN) — The Department of Education said Friday that it has identified a vendor’s calculation error impacting several hundred thousand financial aid ...

Later in January, the Department of Education made a last-minute fix to tie the new financial aid calculation to the latest inflation data. The adjustment made $1.8 billion more in financial aid ...