If students do the form on the Web it is received on the same day. To fill the form out students don't have to have their taxes filed, but they do need to estimate them. They can be corrected later. Students do need a way of calculating their assets, some record of investments and some parental information. The four main sources of financial aid are scholarships, grants, work-study and loans.
Drake is the biggest source of scholarships and grants.
There are also private and state-funded scholarships, grants and loans.