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Question: When do students complete financial aid applications?
Answer: It varies.
The two biggest forms of financial aid are the Pell Grant and TAG. The Pell Grant is "free money" that never has to be repaid and is based on financial need. The Pell is awarded by the federal government. To receive the Pell, high school seniors complete the FAFSA, which just opened. This application has to be completed each year. Only U.S. citizens and eligible non-citizens (with a social security number) are eligible for Pell. Parents, even those without a social security number, are required to contribute to the FAFSA.
Students (regardless of citizenship status) who will complete at least three years of high school in New Jersey and will attend a New Jersey institution of higher education are also eligible for TAG. This year, the HESAA application is expected to open sometime in early December for current high school seniors and returning college students.
Some colleges also require the CSS Profile. This financial aid application unlocks institutional awards, particularly at wealthy private colleges. This application opens on October 1 for seniors. Each school has a different deadline.
We also share information with students about big national scholarships and small local scholarships throughout the year. Some scholarships accept applications from high school juniors, high school seniors, and/or college students.
Note: students can complete college applications before OR after they complete financial aid applications.
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