The Free Application for Federal Student Aid (FAFSA) is now open, giving students and families the opportunity to apply for crucial financial assistance for college and career training programs. Education finance expert Jack Wallace encourages students to complete their FAFSA as early as possible to maximize eligibility for federal grants, scholarships, and low-interest loans. Wallace notes that timely submission can make a significant difference in the amount of aid awarded, as some funds are distributed on a first-come, first-served basis. He advises students to gather necessary documents early and double-check their information to avoid delays in processing.

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