Do I have time to apply for a college and for Financial Aid Now...?

And still be able to start for the new semester which is January 28th 2010?
I will be a freshman and im not sure about alot of things yet.
I hear you have to apply for the financial aid every year on or after Jan. 1st for each school year. But Im afraid to wait till jan to apply and then not be able to start by Jan. 28th if the financial aid doesnt get approved right away. But I may have to apply now and in january anyway for 2010 when I will be attended classes. Im not sure what to do.
What should I do?
Thanks Huy! Very true! I wouldnt start in feb though I'd like to be there on the first day and digesting all the work from day one. I would have to wait for the next semester to begin then but its ok if i have to.
 
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