What is a financial aid award notice?

    Published: 06-16-2009
    Views: 10,584
    Financial advisor Brad Barnett discusses what a financial aid award notice is.

    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 professions for the past 15 years. 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.  Immediately prior to JMU, he served as an Assistant Director of the Financial Aid Office at Virginia Commonwealth University.  Brad has presented numerous sessions at state, regional, and national conferences, and has served on a variety of association committees.  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.”  Many of the topics Brad’s speaks on include communication, leadership, values, financial aid policies and procedures, financial literacy, and saving for college.  He has also facilitated strategic planning and value development retreats.

    Host: What is the Financial Aid Award Notice?

    Brad Barnett: Once the financial aid office has completed their review of your FAFSA and we know what your Cost of Attendance, and we know what your Expected Family Contribution is and we have determined your eligibly and we have made an award, we are going to send you a notice. That s going to tell you, this is amount of financial aid, we are offering you. Now, some schools may send it to you by paper. More and more schools are moving to electronic mediums to send award notices, so you may find that it comes to you in very different formats from different schools, if you are a prospective student. So it s important to know that. Now, if you are returning student and you have just applied for financial aid all over again at your same school, hopefully you got the process down pack but if not ask your office.