Source: Cory Turner, NPR

College hopefuls are already waiting longer than usual for their financial aid offers this year, due to the delayed release of the Free Application for Federal Student Aid (FAFSA). But what applicants may not realize is that this year's FAFSA also comes with a big mistake — one that will lower the amount of federal financial aid many receive unless it's remedied soon.

The U.S. Department of Education is wrestling with whether to fix this mistake in time for this year's financial aid applicants. A last-minute FAFSA change of this magnitude could further delay college aid offers, but it would also mean many students would qualify for more help.

Read Full Article: The FAFSA rollout has been rough on students