Fed Financial

Financial aid related questions... anyone?

Ok, long story short, I applied for both federal and state financial aid. And my community college financial office said that I'm not eligible for federal grants so I thought I probably wouldn't be eligible for state aid either... and I set up a monthly payment option ($500 of four payments) and I'm done paying half of them now but NOW (important part) the state award letter said that I can have $1,500 (free grants money) for the current semester. So if the half of the amount is already paid out of my own pocket, can I just keep $1,500 ? Or only half of it will be used to pay the remaining balance of the tuition? Can someone please let me know? I'm a little upset and pissed that school waited this long to tell me that... Any advice will be valued! Thanks!

Public Comments

  1. Talk to your financial aid office. Basically, the money is yours, but I'm thinking you may have to give it to the school & Then they will refund your money. I know, sounds dumb, but I think that's how most of then do it. Good Luck!
  2. The best thing to do is check with your financial aid office concerning this. However, here are some scenarios: 1. Financial aid will be given the balance for the semester. 2. Financial aid wil be given entire amount and they will give you a check after all tuition and fees are paid. 3. Balance of the aid will be carried over to the next semester. Much success to you!
  3. usually the money gets sent to your school, and then they take what they need and send you the rest
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