Because some aid is distributed on a first-come, first-served basis, students can maximize their aid potential by applying as soon as the FAFSA opens.
Much of the aid available through the FAFSA is determined based on your financial need, but some aid — like Direct Unsubsidized Loans — is available to all. Don't falsify your information on your FAFSA or submit inconsistent details to get more aid. These inconsistencies may be caught through a verification process, and deliberate misinformation could result in prison time and/or a fine.