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Sometimes you can get more financial aid if you do not yet have a degree. However, they ask for transcripts and those are going to say BA/BS awarded. The diploma is just something that you can hang. The problem with taking graduate classes as an undergrad is that you won't get the masters degree credit for those classes--you just did advanced work for your bachelors.

I did about the same thing in taking graduate level courses in English for my English Lit degree--there was nothing to take to get a masters in the field!

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Q: If someone graduates with a Bachelors degree but doesn't take the diploma because he wants to apply for financial aid for his Masters does this make any sense?
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