FAFSA QUESTION.... For any experts out there...
So, everything I've read says fill it out in January and to use your prior year if you don't have the information yet. I've never gotten all my tax info in January, typically the first couple weeks of Feb., so I know I won't have it all in time for the FAFSA.
Also, I've had a major change in income during 2015. I went from part-time CNA to full-time RN after completing my own degree. My income from 2014 would be a very poor estimate for 2015.
Our state and first-choice schools have a March deadline.
Would you wait until filing taxes to complete the FAFSA once, or would you go ahead and use the prior year taxes, then update when we file for 2015?
Everything I read says get it done early to make sure you don't miss cutoffs. And I'm notorious for having "issues" with complicated online forms, lol. If I wait until the last couple weeks of Feb, will I get caught up in the masses trying to complete the FAFSA and have issues getting it completed, etc.
Has that ever been an issue with the FAFSA website??
I don't really want to go through the process 'twice', but if that will ensure we don't drop the ball somehow by trying to file the entire form last minute, I'll do it.
What would you suggest???
Use your year end income from your last check of the year and update later on when you get everything in order.