It’s an important day for parents of college students.
Today, students can start filing for a free application for federal student aid or “Fafsa” for the 2019-2020 school year. Experts say it’s better to file early if you don’t think you’ll qualify for federal grants.
Most states and colleges use the form to award grants and scholarships. It’s also required to take out any federal student loans which are cheaper and safe than private market loans.