RISLA Receives $250,000 in Funding to Help Reverse Federal FAFSA Problems

RISLA Receives $250,000 in Funding to Help Reverse Federal FAFSA Problems

The Rhode Island Student Loan Authority (RISLA) has been selected by the Federal government to try and reverse the issues tied to the launch of the revised FAFSA by the U.S. Department of Education.

Inside Higher Education wrote on Monday, “The bungled rollout of this year’s new FAFSA started with a two-month delay, pushing the usual Oct. 1 launch date to the end of December—a shift that raised eyebrows across higher ed and portended the disastrous financial aid cycle that followed.”

Now it looks like the states need to help clean up the mess.

GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST

RISLA is one of 65 organizations nationwide that receive funding from the Educational Credit Management Corporation (ECMC) to educate people about the importance of completing the FAFSA – the primary form used to unlock financial aid for college.

According to Charles Kelley, executive director of RISLA, the agency received $250,000 to continue its education and outreach efforts to high school students and their parents to increase the completion rate of this important financial aid tool.

“Due to complications with the federal rollout of the FAFSA, completion rates nationwide are low in comparison to previous years and Rhode Island is no exception,” said Kelley. “This funding will help us reach even more students through a variety of channels in order to provide students with the necessary support to get to the FAFSA finish line to receive financial aid for college.”

According to the United States Department of Education, approximately 9.4% fewer applications from students have been received this year compared to the same time last year.

“I applaud RISLA and their College Planning Center for their continued efforts to streamline the FAFSA completion process for students and parents alike and embrace its role as a free resource to Rhode Island students who are planning for their future,” said U.S. Senator Jack Reed. “I strongly believe that every student with the drive to attend college should have the opportunity to go and availing students with important tools like the FAFSA is one simple yet profound way to ease the burden of college tuition.”

 

Partnership with CCRI

RISLA’s College Planning Center has partnered with the Community College of Rhode Island, Rhode Island College and some local high schools to create a summer-long schedule of free events and counseling sessions designed to assist students one-on-one, virtually, and in group settings. The complete calendar may be found at: collegeplanningcenter.org.

“We want students who need it most to apply for the financial aid they deserve as it is not too late. Scheduling events in various locations, days, and times, which also include a treat of pasta, pizza or ice cream we hope will encourage those who may have given up due to the difficulties with the FAFSA changes this year to attend and get the financial aid needed to help with their higher education journey,” said Stacy Crooks, Director of College Planning Center & Community Engagement.