<p>I'm still waiting on some information so I can do the FAFSA and Profile for my S who is a high school senior. Hope getting it done this weekend won't be too late for the best aid as our need is high. He has an older sibling who took some time off after 2 years of college to work/find direction. Now at age 22 (still dependent for FA) sibling plans to return to school in the fall. Sibling plans to file FAFSA in Feburary after a CD matures and is used to retire a school loan. If we file FAFSA now for younger child do we update assets info when we file later for sibling? The CD belongs to the sibling, not us, so it won't affect our assets, but I know our account balances will be a bit different a month from now. This is the first time we have had 2 in college at the same time. We qualify for the SNT so this may not even matter, but it appears our state requires asset info anyway. I understand I use the same parent PIN, but how do I go about filling out the rest twice?</p>
<p>You can file those FAFSAs at separate times. You will report the assets on the separate dates of filing. It’s not a problem. Many folks have more than one kiddo in college and do this. When our older kiddo was still in college, his deadlines for finaid renewal were MUCH later than his sister’s freshman applications. We did hers in January, and his in February after our taxes were done (and we then updated little sis’s).</p>
<p>After you have filed for the first child, you will see on the confirmation page a “click here” to transfer the information to a FAFSA file for the second child. You won’t have to re-enter any data that hasn’t changed. Then as thumper1 said, you can adjust the figures as they have changed on the date you intend to file for the second child.</p>
<p>I feel it is like Christmas when you have returning students, no rush! </p>
<p>One has a deadline of March 15th, the other April 20th!
Thank goodness no more freshmen applicants in our household.</p>