FAFSA applications are now being accepted

Posted at 8:42 AM, Jan 02, 2015
and last updated 2015-01-02 08:42:19-05

If your children are planning to go to college in 2015, you might want to listen up!

Nationwide financial aid applications are now being accepted -- better known as FAFSA -- for the upcoming school year.

Experts say it's a good idea to apply early to better maximize the amount of money you can get.

The application determines the amount of financial aid you can get from the federal government, state governments, and schools.