If you need money for college, then you better know about FAFSA deadlines.
FAFSAstands for the Free utility for Federal Student Aid.
you might use our simplestep-by-step guide to filling out the FAFSA.
Currently, federal student loans are in forbearance — you don’t need to make payments and they won’t accrue interest — but the many extensions of that program due to COVID-19 will endSept. 1, 2023.
Use this guide to help you keep track of all the deadlines.
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Balance Transfer = Credit Card Cheat Code
When Is FAFSA Due?
The FAFSA deadline is June 30 of the current school year.
The opening date to submit is Oct. 1 before the school year begins.
So you have a 21-month window from opening date to deadline to submit your FAFSA form each year.
When Is FAFSA Due for 2023?
The FAFSA utility period for the 2022-23 school year opened Oct. 1, 2021.
The federal FAFSA deadline for this school year is June 30, 2023.
Did you know?
Free financial aid think scholarships and grants are often awarded on a first-come, first-served basis.
When Is FAFSA Due for 2023-24?
When Is FAFSA Due for 2024-25?
The first day to submit the FAFSA for the 2024-25 school year is Oct. 1, 2023.
The deadline is June 30, 2025.
Why should you care about the first day?
Many schools award their financial aid money within weeks (or days) of the FAFSA opening.
Which FAFSA Should You File?
And youll use financial information from the previous years tax season.
The federal FAFSA deadline for that school year is June 30, 2023.
Yeah, you and everyone else.
Here are more deadlines to know about.
The deadlines vary from state to state and are often much earlier than the federal deadlines.
For example, in Florida, the deadline for the 2022-23 school year was May 15, 2022.
So even though the federal deadline isnt until June 30, you may have missed out on state funds.
Checkhere for your stateor with your schools financial aid office for the deadlines.
This earlier deadline offers applicants priority status for admission, student housing and financial aid.
In addition to submitting your FAFSA, schools may require their own school-specific applications for financial aid.
Heres thelist of colleges that require a CSS Profilefor financial aid.
FAFSA Deadline FAQs
When it comes to the FAFSA, earlier is always better.
But should you even bother filling it out if that school years deadline is approaching?
In short, yes.
Its not uncommon for all institutional aid to be awarded in less than two weeks.
So submit your app as soon as possible Oct. 1 is ideal.
It pays to think even further ahead if this is your first time applying for federal student aid.
Youll need anFSA ID, which is a digital signature youll need to complete the FAFSA form.
Any college you list on your tool will have access to your information.
Even if youre only considering applying to the school, add it to the list.
Why?Federal loans offer multiplerepayment plans, and youll be eligible for forgiveness through some programs.
Tiffany Wendeln Connors is deputy editor at The Penny Hoarder.
SMS writer Grace Schweizer contributed to this post.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
