Hello everyone!
I’m a current college Freshman who is transferring into a different 4 year BFA program at a different school and will have to begin as a Freshman again next Fall. I’ll have taken 38 credits of college coursework, of which only 21 credits will be transferring, along with 12 AP credits. According to the Ed.gov website, the “Second-Year Undergraduate Annual Loan Limit” is $6500, but I’ve only been offered the Freshman, First-Year amount of $5500. Was I wrong to assume “Second-Year” meant second year in college, not Sophomore? Should I be eligible for the $6500?
Sounds like the school hasn’t yet realized that you have 33 college credits. If some of those credits are still being completed this semester, then maybe you don’t yet have 30 completed credits that the school has accepted??