I have two sisters so my parents just finished paying for one of them to go to college and now there is another one going to school so its a lot of money, Johnson said. And like a lot of students, Johnson did not know about the FAFSA change. I didnt know, she said. Chris Wills, the president of College Inside Track, says Johnson is far from alone. There is a little known component of financial that is essentially first come, first serve, he said. Willssays those who complete the FAFSA earliest in many cases get more money. Its a finite amount of money once its gone its gone, Wills said. If you fill out the FAFSA on October 1st and you qualify for that then you will surely get it but if you dont know about that and you wait until the spring even if you qualify for it you may not get that. Wills says another little-known fact is that regardless of income everyone should fill out the FAFSA. Its a myth you can make too much money and not qualify for some kind of financial aid, he said. Wills says some schools offer aid just for filling out the FAFSA form. So even if you make a million dollars a year just by completing the FAFSA you my latest blog post could get free money at that school, he said.
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