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Am I guaranteed to receive all the aid that I'm offered?

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Host: Am I guaranteed to receive all the aid that I am offered?

Brad Barnett: No, it sure would be nice if that was the case, but unfortunately your eligibility can change throughout the course of the school year. We base that financial aid award on certain factors and if any of those things change, your award can change. A good example of that is your enrollment level; if we base your eligibility on you being a fulltime student for the entire year and then in the spring semester you only take a halftime load your reward is going to change, even though you received an award notice earlier in the year with the different dollar amount; but if your reward changes, the financial aid office will let you know that something has been adjusted.

Expert: Brad Barnett

Brad received his Bachelor of Science degree from Southern Arkansas University, with a major in Psychology and a minor in Business. He furthered his education by graduating from the Medical College of Virginia at Virginia Commonwealth University with a Master of Science degree in Rehabilitation Counseling, specializing in Mental Health. He has been involved in the financial aid and/or rehabilitation More »