FAFSA Season Starts: What You Need to Know For Financial Aid

"The Free Application for Federal Student Aid filing season starts Oct. 1 for the 2023-2024 school year. If you plan to attend college next year, experts say you might want to fill out the FAFSA application as close to the opening date as possible," The Associated Press reports

... "Many institutions award financial aid on a first-come, first-serve basis. Karen McCarthy, vice president of public policy and federal relations from the National Association of Student Financial Aid Administrators, recommends students get started."

“'It is a good idea to do it on the earlier side,' said McCarthy. 'Whenever (colleges) run out of money, then that’s all the funding they have for the year.'”

"Anyone planning to attend college next year. Many decide not to apply thinking their family’s income is too high to be considered, but McCarthy recommends all students fill out the application."

“'There’s no commitment, there’s no charge,' said McCarthy. 'See what happens, you may be surprised. And if not, you have it on file in case you change your mind.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 9/27/2022

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