Brad BarnettBrad 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 Entrance Loan Counseling?
Brad Barnett: Entrance Loan Counseling is a requirement at most schools. There are a few schools where that s the exception but most schools will require First Time Loan Borrowers to go through a process called Entrance Loan Counseling. It s a counseling session of sorts with kind of a short little test, typically at the end. We just want to make sure that you understand before you take out your very first loan, what you are getting into that this is debt, that you do have rights and responsibilities but we don t want you to go in to this blindly. Now the good news though, is you only have to do Entrance Loan Counseling once. When you first take out your loan, so in subsequent years, at your school, you wont have to do Entrance Loan Counseling every single year.