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[quote]
At least six states, including Illinois, Kentucky and North Carolina, now have "until funds depleted" policies on grants, meaning late filers risk getting nothing. Other states are shrinking the application window. Oklahoma, for example, moved its grant application deadline to March 1 this year, two weeks earlier than last year. Oregon's Feb. 1 deadline is the earliest of any state for the second year in a row. "It's essentially a technique for reducing the number of students who qualify because not everyone will [apply] on time," says Mark Kantrowitz, publisher of FinAid.org and FastWeb.com.
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A</a> New Challenge for College-Aid Seekers - SmartMoney.com</p>
<p>Thanks for posting this timely reminder! I’m wondering why the author didn’t simply name all 6 states that have the “until depleted” aid policy! Does anyone have info on the other 3 states? </p>
<p>edited to add:
It appears from this link that the other 3 may be South Carolina, Tennessee, and Vermont…(not sure how reliable a source it is, but it’s what I came up with on a quick search:</p>
<p><a href=“Everything You Need to Know About FAFSA | Edvisors”>Everything You Need to Know About FAFSA | Edvisors;
<p>I’m in Michigan. We’re used to this. We never know until November whether or not we’ll get a grant for that year.</p>
<p>I know many states like Michigan and NY really can leave things til the last minute when it comes to state budgets, but this sounds more like funds are appropriated but with a “first-come, first-served” limitation.</p>
<p>My daughter was told at her high school in Tennessee to get the FAFSA done ASAP. Last year they ran out of Hope Scholarship money by February 12, a week earlier than the year before.</p>