FAFSA Deadline Is Decided By School Not January 1st 2016

FAFSA Financia Aid

Contrary to what you may hear, the FAFSA deadline for student financial aid is not January 1st 2016. I spoke with a new client earlier today and she stated that her daughter was told by the high school that the FAFSA needed to be filed on January 1st. Wrong!  

Each college will have their own specific deadline for FAFSA. More importantly, if the high school counselor wanted to share some valuable advice, he or she should have elaborated on the CSS Profile which is required for this student. For many families the FAFSA will not play a part in receiving need based gift-aid. If a college requires the CSS Profile, they will use that information to determine any grant money from the college’s endowments.

So with that in mind, the family needs to focus on the Profile deadline at each school. In addition, advice for parents and students, do not rely on the high school guidance counselor for the correct information regarding the financial aid process. They are not trained experts in this area. For more specific needed information on Profile and the FAFSA, please contact our office.  

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