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How soon after January 1 should the Free Application for Federal Student Aid (FAFSA) form be sent in? Is it better to wait until the income tax forms have been completed?

April 26, 2017aid application FAFSA Federal form Free january 1 Soon student

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How soon after January 1 should the Free Application for Federal Student Aid (FAFSA) form be sent in? Is it better to wait until the income tax forms have been completed?

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The form should be submitted as soon as possible after January 1. Do not wait until your taxes are done. Although it is better to do your taxes early, it is OK to use estimates of your income, as long as they aren’t very far off from the actual values. You will have an opportunity to correct any errors later. If you wait too long, you might miss the deadline for state aid. Most states require the FAFSA to be submitted by March 1, and some deadlines are even as early as the beginning to middle of February.