I've never developed a budget before.  How do I do that?

I've never developed a budget before. How do I do that?

I'm worried I might get into financial trouble in college.  What should I do?

I'm worried I might get into financial trouble in college. What should I do?

Should I get a loan or credit card to help me pay for expenses?

Should I get a loan or credit card to help me pay for expenses?

How do I know if I'm taking out too much loan money or if I need any at all?

How do I know if I'm taking out too much loan money or if I need any at all?

Can I rely on my parents to take care of my financial aid for me?

Can I rely on my parents to take care of my financial aid for me?

What is a grant and how does it differ from a scholarship?

What is a grant and how does it differ from a scholarship?

What is FAFSA?

What is FAFSA?

Are there any differences in the aid process between public & private colleges?

Are there any differences in the aid process between public & private colleges?

Why does my financial aid award notice say, "preliminary?"

Why does my financial aid award notice say, "preliminary?"

I've never developed a budget before.  How do I do that?

I've never developed a budget before. How do I do that?

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Understanding College Financial Aid

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<span><font><font>Brad received his Bachelor of Science degree from Southern Arkansas University, with a major in Psychology and a minor in Business.<span>  </span>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.<span>  </span>He has been involved in the financial aid and/or rehabilitation professions for the past 15 years.</font></font></span><span><font> </font></span><span><font>Brad, a Past President of the Virginia Association of Student Financial Aid Administrators (VASFAA), currently serves as the Senior Associate Director of Financial Aid & Scholarships for James Madison University.<span>  </span>Immediately prior to JMU, he served as an Assistant Director of the Financial Aid Office at Virginia Commonwealth University.<span>  </span>Brad has presented numerous sessions at state, regional, and national conferences, and has served on a variety of association committees.<span>  </span>In addition to speaking at professional conferences, Brad has conducted an abundance of workshops and presentations in non-conference environments, including teaching a credit based financial literacy course at JMU entitled “Dollars and Sense.”<span>  </span>Many of the topics Brad’s speaks on include communication, leadership, values, financial aid policies and procedures, financial literacy, and saving for college.<span>  </span>He has also facilitated strategic planning and value development retreats.</font></span>

How do I know if I'm taking out too much loan money or if I need any at all?

Host: How do I know, if I m taking out too much loan money or if I need any at all?

Brad Barnett: The only way you are going to know if you need loan money is to sit down and do a budget. You want to look at your income minus your expenses. If your expenses are more than your income, well, then you are in trouble, then you probably need some additional assistance.

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Transcripts

Host: How do I know, if I m taking out too much loan money or if I need any at all?

Brad Barnett: The only way you are going to know if you need loan money is to sit down and do a budget. You want to look at your income minus your expenses. If your expenses are more than your income, well, then you are in trouble, then you probably need some additional assistance. A loan is certainly something that could help you. But, before you do that I would encourage you to look at your expenses again and see if there are some things that you can eliminate, because if you can eliminate some of your expenses or minimize them, then you don t need some additional income from a loan or see if you getting a part time job in the summer or during off periods to earn some additional money to reduce the amount of loans that you have to take out. The bottom line is if you really do a good quality budget and if you find out you do need loans then you won t end up taking out more loan money than is necessary.

What is a financial aid award notice?

What is a financial aid award notice?

Why does my financial aid award notice say, "preliminary?"

Why does my financial aid award notice say, "preliminary?"

I have received my official financial aid award notice.  Now what?

I have received my official financial aid award notice. Now what?

What should I do if my financial aid is not enough?

What should I do if my financial aid is not enough?

Am I required to tell the financial aid office of any private scholarships I receive?

Am I required to tell the financial aid office of any private scholarships I receive?

Understanding College Financial Aid

Understanding College Financial Aid

What is financial aid?

What is financial aid?

Is there a deadline to apply for financial aid or submit my FAFSA?

Is there a deadline to apply for financial aid or submit my FAFSA?

Do I have to apply for financial aid every year?

Do I have to apply for financial aid every year?

When transferring schools, what can I do to make sure I get my financial aid?

When transferring schools, what can I do to make sure I get my financial aid?