Applying for FAFSA

Scholarship deadlines may vary from one state to another. If you are applying for Free Application for Federal Student Aid (FAFSA), you can not submit the application form before 1st January. The financial aid program is based on income from the previous financial year, ending on 31st December. Therefore, students need to submit their FAFSA scholarship application form after 1st January, but as soon as possible. It is advisable not to wait to apply for FAFSA until you have got admission into a college or your have filed your income tax returns.