Paying for College: Why You Should File the FAFSA Early
We know—you’ve just started your senior year. You’re busy making memories, exploring your interests, and thinking about your future. Suddenly, everyone is telling you to file the FAFSA. Haven’t even chosen a college yet? Don’t worry! Filing the FAFSA early is a smart move, and here’s why.
What Is the FAFSA?
The Free Application for Federal Student Aid (FAFSA) is the first step to applying for financial aid for college or graduate school. Completing it allows you to be considered for scholarships, grants, and federal student loans.
When Should I File the FAFSA?
You can file the FAFSA as soon as applications open each year, typically on October 1. Filing early is completely safe and ensures you meet important deadlines.
Before filing, students and at least one parent will need an FSA ID, an electronic signature you can create ahead of time at studentaid.gov.
Why File the FAFSA Early?
Filing early gives you several advantages:
- Get financial aid information sooner. Colleges can send your official award letters earlier, detailing scholarships and need-based aid.
- Compare colleges effectively. The sooner you know what aid you qualify for, the better you can compare your college options.
- Avoid missing deadlines. Deadlines vary by school and state. Filing early ensures you stay ahead.
How Do Colleges Receive My FAFSA?
You can list up to 10 colleges to receive your FAFSA. You can add or remove schools anytime until you start college. While it’s helpful to visit colleges as an underclassman, FAFSA forms can only be filed during your senior year.
What Happens After I File?
Once admitted to your chosen college and your FAFSA is on file, you’ll typically receive award letters in the months following your application. Colleges may follow up to verify your information, requesting additional household or tax details.
What If Life Changes After I File?
Life can change unexpectedly. If your family experiences income loss, unexpected medical bills, changes in child support, or other circumstances, contact the financial aid office at the colleges you listed on your FAFSA. They can guide you on updating your information to reflect your current situation on your FAFSA. They can guide you on updating your information to reflect your current situation.
QUESTIONS?
Bluffton University’s financial aid team is here to help. We answer questions about the FAFSA, federal and state aid programs, grants, loans, and the financial aid application process. Reach out anytime to learn how we can help you achieve your goals affordably.
