Those planning to attend college, university, or graduate school should complete the FAFSA. Even if you are sure that you or your parents have a lot of money, it is worth doing it. Firstly, there is not a lot of money, and it is better to save if possible. Secondly, if a favorable decision comes, it will be a pleasant surprise.
When filing, it's essential to know when is the FAFSA deadline. It should be considered that the dates change every year, so it is necessary not to miss the deadlines.
When the acceptance of documents ends
First, it is worth understanding the FAFSA deadline. Acceptance of materials closes on June 30. They open on October 1. That is, you have a whole academic year to submit materials. But please remember that this will be the aid registration for the next academic year.
If you plan to enter college next year, you should complete the application form this year. Moreover, it is necessary to know when does FAFSA closes. The application should be made as early as possible. Next, we will explain why.
2022-2023 FAFSA application deadline
Finding out when is the FAFSA due, simply. You can submit materials from October 1, 2021. If you didn't have time to do this last fall, don't worry. The last day for FAFSA is June 30, 2023.
At first glance, there is still plenty of time, and you can take your time. On the one hand, it is so. All documents are carefully studied if you need help for admission to an educational institution. But scholarships, grants, and other types of funding are awarded on a first-come, first-served basis. The earlier you submit the documents, the greater the chances of receiving funds from the patron.
Most educational institutions draw up documents in winter. If you haven't joined yet, there is still time to fill out the form.
Financial assistance for the 2023-2024 academic years
You can submit information on financial aid for studies in 2023-2024 from October 1, 2022. At the same time, you should not wait when does FAFSA close. This year, preference is given to questionnaires completed at the beginning of the financial aid deadline.
As in previous years, the deadline for registration is June 30. Even if you don't have time to do it in the winter, do it now. Who knows, maybe you'll get lucky.
FAFSA for the 2024-2025 school year
You can apply on October 1, 2023. Apply for FAFSA deadline is June 30, 2024.
Peculiarities of document processing
As you can see, sometimes the application deadlines overlap. It is because data can be submitted within a year and a half. In this case, it is allowed to submit tax documents for the previous year.
It is worth remembering that information must be submitted every year. If you want to receive a regular scholarship, you should not stop at just the FAFSA for admission. To avoid forgetting to fill out the questionnaire, you should make an annual reminder.
What else is needed to apply for financial aid?
When is the deadline for FAFSA not the only thing to know, it is also necessary to consider additional terms that play a role in the application process.
It is essential to know the deadline for applying for state aid. It may differ when is FAFSA due. To avoid losing the possibility of assistance from the state, you should find out about the dates in advance.
Some schools also provide funding to students. Moreover, they can be prioritized during admission. It should be noted that when completing the questionnaire in the last few days, it is possible to get help. But the amount will be a little less than desired.
More than 200 colleges provide financial aid to students. To issue it, you need to:
find out if the selected educational institution supports the aid program;
complete the FAFSA;
apply for non-federal financial aid.
Deadlines for submitting documents may differ significantly. It is because each college independently determines to whom to provide funding. At the same time, the date of acceptance of documents is the same as the FAFSA — October 1, 2022.
It is better to start drawing up documents immediately after opening the program. Especially if you're filing the FAFSA for college, you will need to create an account for an electronic signature. It may take about three days.