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Two-thirds of college freshmen who applied for federal student loans or grants last year indicated that they were applying to only one institution, according to new data released by the U.S. Department of Education on Thursday.
Sixty-eight percent of freshmen filling out the Free Application for Federal Student Aid during the 2014-15 academic year instructed the Education Department to send their information to only one college, the department said. That’s down from 80 percent in the 2008-09 school year.
The Obama administration called the new data “troubling.”
“By focusing on only one school, students run the risk of being turned down for admission or losing out on better financial aid and educational opportunities from another school, with ramifications that can last a lifetime,” Education Secretary Arne Duncan said in a statement.
