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NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid. Even as endowment returns dipped, colleges tapped those assets to fund their needs. percent overall average return in 2021.
The Department of Education is supposed to release an updated version of the Free Application for Federal StudentAid in October, but organizations representing financialaid officers and college access groups are seeking to confirm that timeline. 1, as currently planned.
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