school financial aid?

Myron Leftwich: You may apply for FAFSA every semester you are enrolled in an accredited school (regardless of how many degrees you hold). You may also seek scholarships and grants as well.

Ervin Overbee: There is a strict limit to the total number of credit hours that the Federal Student Aid program will pay for for any one student. Those limits are part of the Satisfactory Academic Performance standards that govern your aid eligibility.First of all, once you have a bachelor's degree, you will automatically become ineligible for any of the aid system's grant programs. You can not receive a Pell Grant, an FSEOG, an ACG, a SMART, or a TEACH. The rule is very simple - students who already hold a bachelor's degree can not qualify for a grant.That leaves the Stafford lending program, as the only remaining major form of Federal Student Aid - and that will be severely limited, too. By financial aid regulation, a student can not receive financial aid once they have registe! red for more than 150% of the required credit hours for their major. You can not evade this standard by continuing to pursue additional degrees. You may have SOME Stafford eligibility remaining (subject to the lifetime maximum of $31,000), but it certainly won't be sufficient to last all the way through your second degree program.If you're hoping for additional education, it rarely makes sense, either from a career perspective, or a funding perspective, to return to school for a second bachelor's degree. Generally speaking, it makes more sense to pursue an advanced degree, rather than another bachelor's.Good luck to you!...Show more