Getting your money's worth advises: be careful when filing for student aid. Understand that nearly everyone, regardless of circumstances, is eligible for aid from the $8,000 plus program. Tips for applying: apply early in January. It's not necessary to file income tax first. An accurate estimate of adjusted gross income is acceptable. Reminder: adjusted gross income is not taxable income. Be mindful of deadlines. States, colleges, federal government -- all have different dates. Don't count your house. Your primary residence isn't considered an asset for student aid purposes. Neither is a family-owned business with fewer than one hundred employees. And, lastly, be accurate. Check and double check. Common errors are transposing numbers, mistyping. List your name exactly as it appears on social security card.