The counselors are constantly changing. Student doesn't take financial aid seriously. Need to be more focused. Student is not fully aware of the effect of taking out the loan. Many students don't know about taking the entrance counseling test before they can receive their student loan.
Some students take the minimum amount of courses to get the maximum loan amount.
This could result in the student running out of financial aid before completion of courses. Some students max out their limits before the end of the term. They don't realize the impact of the loans they take out. Applications forms for Pell Grants are long. New renewal forms are easier.