As I was filling out the FAFSA application online, my dad told me that my brother (who is a senior in high school) got a paper that stated to not fill out the form until after January 1, 2009, but nowhere on FAFSA states anything about that. What is right?
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Look on the website and see what the deadline is for the next academic year. They will ask you info regarding LAST years income and last years tax return. January 1st has nothing to do with anything. Most people don't even get their W2 until February and claim taxes in March or April. So what the heck would that have to do with anything.
Just apply now. The worst that can happen is that you have to do it again. They will send you notice in the mail if there is a problem. Atleast you will know that they received your application.
Good luck!
If you're applying for financial aid for 2009-2010, you should not fill out the form until January 1, 2009. You will need your tax information for 2008 in order to fill out the FAFSA, which you will not receive until the year is over.
If you're applying for 2008-2009 (for example, the coming spring semester), you need your 2007 tax information, so you can fill out the form now.
If you are applying for 2009-2010 you can always start filling out the form now and take care of the information that you already know (name, address, etc.) to make your life easier.