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Applying for student financial aid doesn't have to be done right away, but it's recommended. Each year beginning January 1, the federal government makes the newest applications available on its website so students can apply early for the next academic year. While you are required to submit financial information, it is ok to estimate and make corrections later. Some state funds, scholarships and other aid have earlier cutoff dates than may be necessary for most federal student aid. In addition, some grants monies are limited and awarded on a first come, first serve basis. Applying as early as possible will give you a better opportunity to receive all of the financial aid for which you qualify.
|Jennifer Mathes, Ph.D.|