Every January, many students start the new year by vowing to file the Free Application for Federal Student Aid (commonly called the FAFSA). To keep those students on task, educators often launch campaigns reminding students not to procrastinate on filling out the FAFSA forms.
But this year, students can start even earlier – and smart students will. Why? Because the FAFSA opens up on October 1, 2016. And because some financial aid is given on a first-come, first-served basis. That means filers who submit on October 1 could get more money – and that’s never a bad thing.
As 2015 starts drawing to close, it’s time to start thinking about what lies ahead in 2016.
Well, in a perfect world, January 1, 2016, will be the day every high school senior sits down to file the FAFSA. After all, it’s important to complete the FAFSA as soon as possible. Some schools and states award aid money on a first-come, first-served basis.
Let’s take a quick quiz: What’s the best flavor of ice cream? What about the best show on television? The best website (aside from www.xap.com)?
If an entire class took this quiz, do you think they’d all say the same thing? Of course not! The “best” can be a very personal thing. The same goes for schools. Students often think there is a magic school just waiting for them to enroll. But unless their name is Harry Potter, this isn’t always the case. That’s why they have to do a little research — and maybe even some soul-searching.