By Eliza Haverstock, NerdWallet The 2025-26 Free Application for Federal Student Aid (FAFSA) is open to all students as of Nov. 18 — and you should submit it as soon as possible if you think you might be in college next year. The FAFSA unlocks all federal student aid, including student loans, need-based Pell Grants, work-study and even some private scholarships.