This Is the Best Time to Apply for College Financial Aid — Here's Why You Should File the FAFSA Now

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This Is the Best Time to Apply for College Financial Aid — Here's Why You Should File the FAFSA Now
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Although the FAFSA for the 2023-24 academic year isn’t due until June 30, 2024, it’s wise to apply as soon as you can.

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But students must first fill out the FAFSA to access any assistance. The FAFSA filing season for the 2023-24 academic year opened on Oct. 1, and the sooner students file, the better. Scholarships are a key source of funding, yet only 60% of families use them, according to the education lender.

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