College administrators expect more students to need financial aid for the coming school year—but fewer are applying for it.

Applications for federal aid from high-school seniors dropped below year-ago levels in mid-March, as the coronavirus pandemic hit and many schools across the U.S. switched to remote learning. Since then, they have continued to slide, according to an analysis of federal data from the nonprofit National College Attainment Network. By April 24, they were tracking 2.8% behind last year, with 55,582 fewer…

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