The FAFSA deadline is the last date by which students must submit their Free Application for Federal Student Aid to be considered for financial aid for college. This deadline varies by state and institution, so it's important for students to check specific dates for their schools. Missing the deadline can result in losing out on valuable financial assistance. To maximize aid opportunities, students are encouraged to complete the FAFSA as early as possible. The application opens on October 1 each year, allowing families to plan ahead and gather necessary documents. Timely submission can lead to better financial aid packages and increased funding options.