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When do I apply for financial aid?

You are required to apply for financial aid every year. (www.fafsa.gov )The easy way to remember is when it is time to file you federal taxes then it is time to file you FAFSA for the upcoming school year. If your financial circumstances change, you may get more or less aid. After your first year you will receive a "Renewal Application" which contains preprinted information from the previous year's FAFSA. Note that your eligibility for financial aid may change significantly, especially if you have a different number of family members in college. Renewal of your financial aid package also depends on your making satisfactory academic progress toward a degree, such as earning two thirds credit and achieving a minimum GPA of a 2.00.