While submitting by the priority deadline is not mandatory,. Webpenn state recommends that students file their fafsas as early as possible, starting january 1 and no later than april 15. Keep in mind that many student aid sources,. Websubmission of the free application for federal student aid (fafsa) is the only action required to apply for most financial aid at penn state. Webpenn state recommends that the free application for federal student aid (fafsa) be submitted to receive maximum consideration for all types of student aid. *if you are a…