After completing the FAFSA4caster, how long does it take for students to receive an estimate of how much aid they might receive?

The FAFSA4caster provides students with an estimate of their potential financial aid eligibility almost immediately after they complete the online form. Unlike the official FAFSA application, which may take several days for processing and determination of aid eligibility, the FAFSA4caster offers instant feedback and estimates based on the information inputted.

This can be particularly helpful for students in planning their college finances, as they can gauge how much financial assistance they might expect before they actually submit a formal FAFSA. It's important to note, however, that the estimates from FAFSA4caster are not guarantees but rather projections that will need to be confirmed through the official FAFSA process, which students should complete annually.