Confused about a universitys FAFSA deadline?
Evs: Whether they call it the “preferred” deadline, or the more common “priority” deadline, the result is the same – this is the date that you want to have your financial aid application (and all supporting documentation) submitted by. Certain forms of financial aid are – for all extents and purposes – unlimited. The US Department of Education will award a Pell Grant and a Stafford loan to any applicant who qualifies. For these types of aid, the financial aid deadlines are irrelevant – which is a good thing, because these are the two largest federal financial aid programs. However – other forms of financial aid are NOT unlimited. Every year, the Department of Education allocates a certain amount of money to your school — money that will allow the school to award those forms of aid to eligible students. For example, the school gets an annual allotment for Perkins Loans and FSEOG Grants. The government says to your school “here’s this year’s FSEOG grant money”, and “here’s this year’s P
