Final answer:
The 'priority deadline' for FAFSA submission means students need to submit the form by that date to qualify for the most financial aid, not that it's the absolute final submission deadline. Late submissions may still be processed but could result in less financial aid awarded.
Step-by-step explanation:
College FAFSA deadlines are crucial dates for students to be aware of when applying for financial aid. The term 'priority deadline' refers to the fact that students need to submit their Free Application for Federal Student Aid (FAFSA) by this deadline to be considered for the most financial aid. Therefore, the correct answer to the question is (a) You need to get your FAFSA form in by that date to be considered for the most money. This is not the final submission deadline, but meeting the priority deadline can significantly affect the amount of federal grants, work-study opportunities, and loans you may receive.
It's important to note that while the priority deadline is not the final cutoff for FAFSA submission, it is a key date to maximize potential financial aid. The schools may not necessarily reject applications after this date, but late submissions could result in less financial aid available, as funds are often awarded on a first-come, first-served basis.