There are deadlines based on individual schools, states, and the federal government. Many schools have earlier deadlines than the state ones, which tend to be earlier than the federal one. You are not too late to submit an application (they are still accepting them), but may be too late to get state and institutional money. If your school has a slow financial aid office, even though you submit in time to get federal loans, they may not finish processing your info and certify you as eligible in time to get the money by the time classes start and tuition is due. So bottom line is submit now, and next year don't wait so long. You could be missing out of a lot of grant and scholarship money by procrastinating.