Naturally

I'm transferring to a four year college in Fall 2010. (Currently in a CC.) I've started doing portions of the online applications of the schools I'm applying to so when my latest tax information and grades are available (both in December or maybe early January for taxes) I'll be able to complete them quickly.

One college I'm applying to actually didn't ask for any income information, nor did it ask for my GPA from my current school. Basically, I could complete the application right now if I felt like it. But what are the advantages/disadvantages to doing so? Will I get more/less financial aid by completing it now? Is it common to complete applications before the FAFSA is available?

AUTransfer

Do it.

There are no disadvantages besides the fact that if it's a top choice school, you have to sit and wait to go there No more/less financial aid because if you go in Fall 2010 -- you will have to complete the 2010/2011 FAFSA which doesn't come out until January. All schools I know where you're applying for Fall 2010 admission, won't require all you financial aid information until March. The advantage is a better chance of getting in, because the admissions office won't be drowning in a bunch of paperwork sent in by people at the last minute. So apply, and then send in your financial aid stuff as early in January as you can to ensure you get the most financial aid.