You have /5 articles left.
Sign up for a free account or log in.
photo illustration by Justin Morrison/Inside Higher Ed | Getty Images
In a typical year at LEAD Academy High School in Nashville, a college prep–focused charter school where Kelly Pietkiewicz used to work as a counselor, about 80 percent of students fill out a Free Application for Federal Student Aid (FASFA).
This year, with only a few weeks until graduation, that number has dropped to 20 percent.
“It’s an actual nightmare,” said Pietkiewicz, who now serves as scholarship coordinator for the charity nonprofit Community Foundation of Middle Tennessee. “We’re still trying to get scholarships out to students, but most of the work I’m doing now is going to local high schools and helping their counselors answer questions about financial aid because they’re stretched so thin.”
Nashville is no outlier. As of March 22, only 33.7 percent of high school seniors had completed a FAFSA, down 28.8 percent from last year, according to data from the National College Attainment Network (NCAN), which has been tracking completion rates throughout this tumultuous financial aid cycle. The network estimates that at the going rate, about half a million fewer students in the class of 2024 will submit a FAFSA compared to last year.
And that’s probably an optimistic estimate, said Bill DeBaun, NCAN’s senior director of data and strategic initiatives; if the pace of completion doesn’t pick up, the decline could be closer to 700,000 students. That could translate to up to a 4 percent drop in college-goers come fall, DeBaun said, which would be the largest enrollment drop since the COVID-19 pandemic—and one that’s likely to be made up primarily of low-income and first-generation students.