Right Major + Right College = Career Success - Helping you get where you were meant to be.
RSS Follow Become a Fan

Delivered by FeedBurner

Recent Posts

Biggest Problem for Accepted Students
Will My College Be Open?
College in the Era of Covid
Student Loan Interest Rates Drop for 2020-21
Not All Info on the Web about FAFSA is Accurate

Most Popular Posts

Essay Topic: What will you contribute to our campus?
Got an IEP? Don't forget to take it to college.
Discouraging Words
Will Social Media Affect Your Child's Chances?
What to do when things change


Accepted? Now What?
Admission Decisions
Admission Essays
Adult Students
Athletes and College
Campus Safety
Career Planning and College
Choosing the best college for you
College Admission Deadlines
College Admission Decisions
College Admission Essays
College Admission Tests
College application process
College Applications
College Buyer Beware
College Camp
College Choice
College Costs
College Counseling and Advising
College Entrance Exams
College Freshman Adjustment
College Graduation and Beyond
College Major
College Myths
College Prep
College Prep Opportunities
College Recruitment
College Scholarships
College succcess
College Transfer
Early preparation for college
Education Consumerism
FInancial Aid
Financial Aid and Scholarships
GAP Year
GAP Year and Summer Programs
Getting in....or not
Good advice
Grad School
Graduate to a Job
Highly Selective Colleges
It's all in the timing
Kids Today
Learning Disability Accommodations
Media Treatment of College Information
Money and College
Online College
Parent and Grandparent Support
Parent and Grandparent Support in the College Process
Parent and student relationships in the college process
Parenting Teens
Picking a college
Planning for College Success
Positioning Students for Success
Social Media and College
Start Planning Early
Student Development
Student Loan Debt
Student Loans
Student Posts About Their Experiences
Success Hints
Summer Activities
Summer college prep
Surviving fall semester fo the senior year
The College-Job Connection
The Junior Year
To-do lists
Value of College
powered by

College Talk Blog

Don't wait for W-2's to file your FAFSA!

In January and February each year, I encourage parents in my practice to file their FAFSA's. They either reply that they did it already on January 1 or that they are waiting for all their tax documents to arrive so that they can file their tax return first.
The second answer makes the most sense to people, however it is not the best answer.
Families who want their children to have the most scholarship and grant options need to file the FAFSA by Feb. 15 in most cases.  Some can wait until March 1. It all depends on the financial aid priority deadlines for the colleges where applications have been made.  The reason that early FAFSA filing is important even if you think you are not need-based aid-eligible is that many colleges require early admission and FAFSA filing for students to be considered for merit-based scholarships.
Get out last year's tax return today and file an estimated FAFSA at www.fafsa.ed.gov. If your income was significantly different between 2011 and 2012, estimate your income using your end of year pay stub for last year or W-2 if you have it. You will have to correct your FAFSA when you have filed your tax return. The best process is to make the correction two weeks after your tax return is filed so that the FAFSA can be updated from the IRS database. The correction process is quick and easy and importing data from the IRS may prevent you from having to obtain an official IRS transcript later to verify your FAFSA.

1 Comment to Don't wait for W-2's to file your FAFSA!:

Comments RSS
fashion crystal jewelry on Thursday, August 15, 2013 6:04 AM
Woah! I'm really loving the template/theme of this blog. It's simple, yet effective. A lot of times it's challenging to get that "perfect balance" between superb usability and visual appeal. I must say that you've done a excellent job with this. Additionally, the blog loads extremely fast for me on Opera. Superb Blog!
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment