Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Do FAFSA Soon After Jan 1?
Old 01-02-2008, 09:06 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
Do FAFSA Soon After Jan 1?

In prior years I've filled out FAFSA soon after Jan 1, but now I can't remember why it's important to do it as soon as possible. Anyone?
__________________

__________________
Al
TromboneAl is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-02-2008, 09:09 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,096
Based on your post, I'd guess it would be to prevent forgetting it entirely...
__________________

__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 01-02-2008, 09:16 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
So, is Fafsa the puppet dog that sang N-E-S-T-l-E-S, Nestles makes the very best...chooooocolate?
__________________
calmloki is offline   Reply With Quote
Old 01-02-2008, 09:34 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
---snap.

__________________
Al
TromboneAl is offline   Reply With Quote
Old 01-02-2008, 09:44 AM   #5
Recycles dryer sheets
 
Join Date: May 2005
Posts: 192
Quote:
Originally Posted by TromboneAl View Post
In prior years I've filled out FAFSA soon after Jan 1, but now I can't remember why it's important to do it as soon as possible. Anyone?
Because a lot of the preferred financial aid is available on a first come first served basis. Or at least that's the way it was when I was applying several years ago. Probably not a big difference between filing on Jan 1 an Jan 10, but there may be a difference between filing Jan 1 and Feb 1.
__________________
Niko is offline   Reply With Quote
Old 01-02-2008, 12:01 PM   #6
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 831
Many schools, both public and private, set February 1 as deadline for applying for financial aid. Some even use a "first in line" criteria.

January 1 is the earliest one can apply in the federal system.

I just filled out the FAFSA yesterday for my son.
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
RetireeRobert is offline   Reply With Quote
Old 01-02-2008, 05:11 PM   #7
Recycles dryer sheets
 
Join Date: Nov 2007
Location: Denver
Posts: 170
As a former student who needed the fafsa, the first come first serve is true of a lot of the money. I even have a friend who found this out by filing too late. She got nothing even though she qualified...
__________________
Caoineag is offline   Reply With Quote
Old 01-03-2008, 03:13 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
Thanks for the info. DD and I just finished submitting it, and I never have to do it again -- Yay!
__________________
Al
TromboneAl is offline   Reply With Quote
Old 01-03-2008, 03:48 PM   #9
Full time employment: Posting here.
 
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 831
Quote:
Originally Posted by TromboneAl View Post
Thanks for the info. DD and I just finished submitting it, and I never have to do it again -- Yay!
Congratulations. I got tired of it with my oldest daughter. Now I have three more years for my son, and then three years after that for my youngest daughter, filling out those danged forms.

Just for them to tell me our "expected family contribution" disqualifies us from nearly any scholarship, as they all seem to end up as "need based".

We went to the trouble of saving college funds for all three of our kids. The ones now getting the "need-based" scholarships didn't save a dime, blew their money on big SUVs, fancy houses, etc, but now they have a "need" for college scholarships.

I can identify well with your "YAH!" emotion.
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
RetireeRobert is offline   Reply With Quote
Old 01-03-2008, 05:51 PM   #10
Recycles dryer sheets
 
Join Date: Nov 2007
Location: Denver
Posts: 170
Quote:
Originally Posted by RetireeRobert View Post
Congratulations. I got tired of it with my oldest daughter. Now I have three more years for my son, and then three years after that for my youngest daughter, filling out those danged forms.

Just for them to tell me our "expected family contribution" disqualifies us from nearly any scholarship, as they all seem to end up as "need based".

We went to the trouble of saving college funds for all three of our kids. The ones now getting the "need-based" scholarships didn't save a dime, blew their money on big SUVs, fancy houses, etc, but now they have a "need" for college scholarships.

I can identify well with your "YAH!" emotion.
Dang, you mean I could have forced my father to do all of that paperwork! Now that is heartless. I did that for all 5 years and the school audit each year as well. Course, he took one look at it and said "hunh?" Lol.
__________________
Caoineag is offline   Reply With Quote
Old 02-22-2008, 02:21 PM   #11
Recycles dryer sheets
BigBob's Avatar
 
Join Date: Apr 2007
Location: Sebring
Posts: 190
Quote:
Originally Posted by TromboneAl View Post
Thanks for the info. DD and I just finished submitting it, and I never have to do it again -- Yay!
I finished the FAFSA for one DS, with one to go.
Is the website for FAFSA as confusing to everyone else as it is to me? (Fill out today for 2008-2009 is the correct answer to one question) Then, the pin and password fiasco with pins for self, child, passwords for each, get a new one each year(password only, not pin), yadda, yadda, ...
Each year I prepare to fill out the FAFSA I have a sick feeling in my stomach and hate to fill it out - almost more than TT. At least with TT, I often get money back. FAFSA is just an exercise in futility as the EFC is way outta reach, but have to fill it out for renewal of scholarships through the Universities.
Thanks for letting me vent! I feel much better now and looking forward to the weekend.
__________________
BigBob is offline   Reply With Quote
Old 02-22-2008, 04:32 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
Yes, the FAFSA process is messy and poorly designed.

My password or pins or something didn't work, so I had to call the help line. Had to go through some kludgey thing to get it working.

And there are some questions that are worded such that they are not possible to answer ("when did you stop beating your wife" types).

Right now I'm going through the agony of trying to get DD to do her tax return and get that sent in to the financial aid office -- deadline is Feb 28, and I've been nagging her all month. I'd love to say "If you don't get it in, then it's your problem." But I can't because it would be my problem.
__________________

__________________
TromboneAl is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
FAFSA - EFC Sam FIRE and Money 18 03-03-2007 06:04 AM
Jan 16 - Estimated Taxes Due REWahoo FIRE and Money 24 01-15-2007 07:56 PM
Fund Tax Deferred Accounts on Jan 2 TromboneAl FIRE and Money 20 08-14-2005 07:48 PM
Penfed Rates for Jan 27-Feb 23 ESRBob FIRE and Money 13 01-28-2005 05:33 AM
Scottrade shafts customers: Jan. 3, 2005 soupcxan FIRE and Money 2 12-11-2004 01:58 PM

 

 
All times are GMT -6. The time now is 07:28 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.