<p>I just realized I posted this on the college acceptance thread…Oops! Please see below.</p>
<p>I have a question about FAFSA. My son has been accepted at Yale. I have been reading that the earlier you get your FAFSA in the better. I was going to do my taxes next weekend. Is that early enough? What does the FAFSA have to do with his Yale financial aid package? I could use my estimated numbers from the CSS profile that was provided to Yale, but I would prefer to use my actual numbers. Any input would be appreciated.</p>
<p>See [Yale</a> University SFAS: Financial Aid > Prospective Students](<a href=“Welcome | Student Financial and Administrative Services”>Welcome | Student Financial and Administrative Services)
Different process for EA & RD</p>
<p>
Your FAFSA determines your Federal grants & loans.</p>
<p>There is an option to fill out the FAFSA as “will file” . If your tax information hasn’t changed much this year, making about the same money, no real differences in investments, etc., you can easily use last year’s tax return for this year’s FAFSA-just use your last pay stub for your income information. Then, once you do your taxes, go change any numbers that need to be changed and select “did file”. That way if you don’t get your tax documents by next weekend, you still have your FAFSA in and done.</p>