Are you allowed to apply for financial aid every yr until you finish school?

Question

Are you allowed to apply for financial aid every yr until you finish school?

Answer 1

yes you can however keep in mind that you are not guaranteed the same amount every year.  Good luck--i just went through applying for it myself.

Answer 2

i don't think so. i go to a UC and they only give me 14 quarters of financial aid. so that's 4 years and 2 summer school worth of money.  

Answer 3

As far as I know Yes, you can

Answer 4

Yes and no....depending on what you have in mind for "until you finish school".

All financial aid recipients must satisfy the "Satisfactory Academic Progress" regulations at their school. These regulations are required by federal financial aid laws.

These "SAPs" have two parts, a qualitative component and a quantitative component. Qualitative refers to your cumulative GPA (which must remain above a 2.0), and quantitative gets to the subject of your question - "until you finish school".

Every academic program has an "expected" or "average" completion standard. For example, your school may have a 120-credit hour requirement for a degree in psychology.

If a student receiving financial aid exceeds 150 percent of the average credit hours for his/her degree program, they are disqualified from receiving future aid. In the psychology degree example above, a student who has registered for more than 180 hours is ineligible for further assistance.

All classes are counted towards your hour total unless you drop them prior to the full-refund deadline (which generally mean within a day or two of the first class). You can not avoid the rule by dropping classes halfway into each semester.

So - yes. As long as you meet  your school's Satisfactory Academic Progress rules, you can receive financial aid for every semester. As another respondent told you, your aid can (and will) change from year to year, because Congress may set aside more or less funds for federal aid, and because you must submit a new FAFSA form for every year that you wish to apply for additional assistance.

I hope that helped. Good luck to you!