January 1st of each year is the date when the U.S. Department of Education opens up the website (www.fafsa.ed.gov) for students and parents to fill out the FAFSA. The FAFSA is used to determine eligibility for student financial aid (including the Pell Grant, Federal student loans and Federal Work-Study).
The Department of Ed offers helpful tips and information which can be found by clicking here.
Please be mindful that there are deadlines associated with the FAFSA so please complete it as soon as possible. Many people think they need to wait until after they file their taxes but the FAFSA can be completed using estimated amounts and later edited for 100% accuracy.
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