Am I Screwed if I Missed the FAFSA Deadline?
If you’re a student or parent who has missed the FAFSA deadline, you may be wondering if you’re out of luck when it comes to financial aid. The answer is not necessarily. While missing the deadline takes you out of the running for the money you could have gotten, some states and colleges still award aid to latecomers. However, your chances are much slimmer, and the payout is often lower.
The FAFSA, or Free Application for Federal Student Aid, is the primary form used to determine eligibility for federal, state, and college-sponsored financial aid. It’s also the form that many states and colleges use to award their own aid. Each state and college has its own deadline for submitting the FAFSA, and it’s important to submit your form by the earliest due date for your best chance at financial aid.
If you miss the FAFSA deadline, you may still be able to receive some financial aid. Some states and colleges continue to award aid to latecomers, but your chances are much slimmer. In addition, the amount of aid you receive may be lower than if you had submitted your FAFSA on time.
It’s also important to note that if you miss the FAFSA deadline, you may not be eligible for certain types of aid. For example, some states and colleges offer need-based grants that are only available to students who submit their FAFSA on time.
If you’ve missed the FAFSA deadline, it’s important to contact your state and college financial aid offices to find out what options are available to you. They may be able to provide you with additional information about aid that may still be available to you.
In conclusion, missing the FAFSA deadline takes you out of the running for money you could have gotten. However, some states and colleges continue to award aid to latecomers, although your chances are much slimmer and the payout is often lower. If you’ve missed the FAFSA deadline, it’s important to contact your state and college financial aid offices to find out what options are available to you.
