Our D is a current Freshman. She will be paying for her 2nd Semester, which starts in January, with her savings (from an inheritance). Once she makes this payment, her savings will basically be depleted. For FAFSA purposes, does it matter when she makes this payment…the end of 2015 or in 2016? Payment is due Jan. 6, 2016.
It shouldn’t matter, as long as FAFSA for her sophomore year is completed after the payment is made.