If you have a high school senior in your household, your family has undoubtedly started to discuss what happens after graduation. For some families that means planning for higher education. If you have a college-bound student and are like most American families, you are likely looking at some type of financial aid, a loan or a combination of the two to finance the cost of college.
Filing the FAFSA®, or the Free Application for Federal Student Aid, is considered the single most important thing a senior can do to get financial aid for college. So alongside those college applications, be sure to complete the FAFSA with your student. The FAFSA application portal will be open until June 30, 2023, for the 2022-2023 academic year.