Yes & No. Students may submit a FAFSA (Free Application for Federal Student Aid) application as early as October the year before the academic year you are applying for. Students that apply by March 2 will receive priority consideration for several types of Federal Financial Aid. Students that don’t meet the priority deadline can still apply throughout the school year. (However, some Federal Financial Aid may no longer be available for those that apply late.) There is also a second deadline of Sept. 2 for Cal Grant consideration.