As an undergraduate student, you may receive federal financial aid for both undergraduate and graduate courses. However, once you becomes a graduate student, financial aid is not available for undergraduate courses. In addition, financial aid as a graduate student is not available until your undergraduate degree has been conferred. This is why it is important for Accelerated Degree students to complete all undergraduate degree requirements and apply for an undergraduate degree during the fourth year. We strongly suggest that you consult with a financial aid counselor during your fourth and fifth years.
Note that Accelerated Degree students are not normally awarded teaching/graduate/research assistantships because those responsibilities make it difficult to complete the Accelerated Degree program in 5 years. The university is already subsidizing the Accelerated Degree by allowing some graduate courses to be billed at the undergraduate tuition rate.
