What is a FAFSA and when should I submit one?
Free Application for Federal Student Aid (FAFSA). The Department of Education uses the information provided on the FAFSA to determine eligibility for aid from the federal student financial assistance programs. Completing a FAFSA is free and can be submitted on-line or on paper. You should submit your FAFSA as soon after January 1st as possible. Grant money is first come, first serve.