<p>does the FASFA app OPEN jan 1 this year is it due? and if you complete it early do you get a better chance at fulfilling your financial need?</p>
<p>The FAFSA for the 2014-2015 school year opens on January 1, 2014. You want to complete it ASAP. If you complete it prior to completing your 2013 taxes, you will choose a “will file” status (meaning you will file but haven’t yet done so). Complete the FAFSA using the BEST estimates possible based on end of year lay stubs and the like. Then complete your taxes ASAP after February 1 when the taxes need to be completed and amend the FAFSA to reflect the completed 2013 tax return.</p>
<p>Yes…good to get this done ASAP after January 1. There are some forms of aid that have limited funding per school. These include federal work study, Perkins loans, and SEOG (if your school has it). You want to file early so you are “in line” for these.</p>
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And you need to have low enough EFC.</p>
<p>thank you!</p>