Tigerway: Know about the different types of College Application Deadlines and about the FAFSA

 
 

On October 1st marks an important day for current seniors. The FAFSA (Free Application for Federal Student Aid) is typically open on the first of October. We urge seniors to take the chance to apply to FAFSA as soon as possible regardless of eligibility. The sooner you apply to FAFSA, the more aid you may qualify for. Seniors have until March to make sure their FAFSA is submitted for the following year.

Along with FAFSA applications, early college deadlines are also coming close. Students should know the difference between college application deadlines.

Here are the differences:

  • Early Decision: For students that are absolutely sure about what college they want to attend. Students can show more commitment by applying Early Decision. Students often do this with their first choice schools. Students cannot accept any other college offers, if they are admitted to the school they applied Early Decision to; however, you do receive an earlier response.

  • Early Action: Unlike Early Decision, you can apply to multiple schools at an earlier date. Instead, students just show earlier interest. Students may also qualify for more scholarships only accessible to early students. 

  • Regular Admission: Students have more time to complete their applications and can apply to as many as they like. The December SAT is the last SAT exam that can be taken for this deadline.

  • Rolling Admission: Not all colleges have a rolling admission choice. However, for those that do, colleges evaluate the applications as soon as they come in. 

Some deadlines have more benefits than others, so make sure you know your deadlines and what is best for you. Submitting your college application takes a lot of thought. All Seniors should watch out for their college application timelines.

If you have any siblings or underclassmen still in High School looking to plan ahead, we can help.

Larry Cheung, CFA

Larry Cheung, CFA is a widely followed Investment Strategist on Youtube, a Creator on Patreon, and an Organic Marketing Strategist who works closely with Financial Advisors to grow their firm’s authority online and AUM growth.

https://www.larrycheung.com
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