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The FAFSA for the 2027-28 school year is open, and the federal deadline isn't until June 30, 2028. That date is the one most likely to mislead a family, because some of the money behind the form is handed out long before it. Every state sets its own deadline, and some state aid is limited. Illinois, for example, tells families to file as soon as possible after Oct. 1, 2026 for its Monetary Award Program, because the aid is awarded until all funds run out. Colleges can set their own deadlines too
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The FAFSA for the 2027-28 school year is open, and the federal deadline isn't until June 30, 2028. That date is the one most likely to mislead a family, because some of the money behind the form is handed out long before it. Every state sets its own deadline, and some state aid is limited. Illinois, for example, tells families to file as soon as possible after Oct. 1, 2026 for its Monetary Award Program, because the aid is awarded until all funds run out. Colleges can set their own deadlines too
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