<p>Whether I submit my FAFSA now, or submit it around the beginning of Feb.?</p>
<p>Will it have a notable impact on the amount of aid i will receive in terms of Grants or loans?</p>
<p>B/c even if I should estimate right now, my parents say that 2008's income and everything else will be totally different from 2007's. But along with this, can anyone help me with the first question asked as well?</p>
<p>Meet your school's priority deadline for filing -- some are as soon as January 15th.</p>
<p>Some schools say that need based aid is doled out on a first come first served basis, so earlier is probably better than later.</p>
<p>You estimate for now, using '07 taxes and current income info as a guide. Use actual asset info on the date you file, then go back after taxes are done and correct the income and tax numbers to match your tax returns (do FAFSA corrections online, and hand-correct Profile and mail it to your school).</p>