FAFSA Tip: Submit Estimated Application ASAP and Revise Later if Needed

FAFSADon’t miss important deadlines — some as early as mid February for certain state and school programs — by delaying your Free Application for Federal Student Aid (FAFSA) application. The FAFSA is a requirement for many financial aid programs and an initial application can be submitted with estimated information.

If you are waiting to file tax returns, use estimated information to complete the FAFSA and then update your FAFSA application with actual information when the tax return information is available.

The Free Application for Federal Student Aid (FAFSA) is a requirement for federal financial aid including grants, loans, and work-study jobs. This year, it can be submitted as early as January 1st.

After your complete the FAFSA, you’ll receive a Student Aid Report (SAR) that will list all of the answers you provided on your FAFSA. It is important to review these responses carefully to make appropriate corrections or modifications.

Also important, don’t overlook the PROFILE. Many private colleges and universities use the CSS/Financial Aid Profile to determine aid eligibility. Information is available on the College Board web site.

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