Should I reapply for Fall instead of Summer?

To give context to the title, I am a transfer student with an Associate's Degree earned in Tennessee. I have not yet been accepted, but I don't think I'll have an issue since I have a good academic record. My main concern currently is financial aid. I applied for the Summer semester, but I see that acceptance for transfer students starting in the Summer is really late Spring. I'm worried that I'll miss out on financial aid/scholarships for Fall because I won't be able to apply for anything until March or April. I've filled out both FAFSAs currently available, but most financial aid is still first come, first serve. Any advice/experience people can share?

BTW, please correct me if I'm wrong about any timelines.