February 6, 2008

FAFSA February

Posted in FAFSA at 11:51 AM by Joe From Boston


It’s February – have you filed your FAFSA yet?  You really want to get it in as soon as possible.

Do your taxes early and get that FAFSA filed;  it’s worth it because Federal financial aid is first-come, first-served.

Also, pay attention to deadlines.  You MUST get your FAFSA in before it’s due.  Check with your school if you don’t know when the due date is.  If you get your FAFSA in late, you may forfeit all potential Federal aid.

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2 Comments »

  1. David, I don’t have that information.

    I would recommend consulting a tax professional, visiting the IRS’ website at http://www.irs.gov or perhaps investing in one of those software packages like Turbo Tax.

  2. David said,

    Does anyone know the maximum allowable income allowed (Married, filing Jointly) on line 37 of form 1040? In 2005 it was $74,500. Has it been increased? I need to estimate my taxes for the FAFSA deadline, and I don’t want to guess high and disqualify myself.


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