For the high school graduating class of 2015, the clock began ticking as of January 1, 2014. Your need-based aid is calculated based on the 2014 tax year. Strategies deployed to maximize your eligibility might be jeopardized if you wait too long. Research into the financial aid application process should start as early as the student’s junior year. Seek professional advice in order to deploy successful strategies to maximize your chance of research on the admissions process. While you and your student are looking at schools, while the curriculum, faculty and location might be of interest, so should be their financial aid policies and practices.