Financial Aid & Deferring Admission

[nrs2012]

Hi all,

I am thinking about deferring my admittance into an MSW program for a year because I am finishing up an MDiv program. After 3 years of grad school a break would be welcome. Anyway, I was wondering if anyone knew how this would affect financial aid. I am assuming you would lose the financial aid you were offered from an institution but I am curious to see if there was a possibility that you might get a higher offer the next year from starting out earlier in the cycle.

Any thoughts?

Thanks

[allyba]

It is more likely you will get less financial aid if you are planning to work full-time and apply again next year. (That is if you didn´t work as much this year as you would during your this next year.) Financial aid is calculated by your EFC on your FAFSA. The more you make, the more you are expected to contribute. For scholarships from the schools, it depends. Some might be need-based and others might not be.

[nrs2012]

Thank you for your response allyba!!!