Most parents and students are used to rushing to get their taxes done in late January and early February. Why?
Some financial aid is limited and is given on a first come first serve basis. So getting the FAFSA filed early can be the difference between getting aid or not.
What some people don’t realize is that you can get your application in as early as October of the year preceding the school year using estimated income figures.
You don’t have to have your taxes filed to submit your FAFSA.
Many people still like to use current year tax figures though and wait until this time of year to file the form. In honor of them we will be featuring a few bite sized articles on education and finance this month.