I'm a Junior and heard that the FAFSA potentially runs out of money the later you fill it out, so I was wondering when it initially opens for rising seniors, class of 2021?
FAFSA always opens on October 1st of every year and remains open for almost 2 years with each interval/academic year. For example, students in the academic year of 2020-2021 could begin applications on October 1st, 2019. For the class of 2021, their first academic year in college would be 2021-2022, so FAFSA would open on October 1st, 2020 and close on June 30th, 2022.
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