Fed Financial

What are the charges or even jail time for taking government loans/financial aid for school?

Cant find the answer! What are the charges or jail time for fraud for taking both?

Public Comments

  1. I am sure perjury is a charge, because if you reside in the United States and fill out a FAFSA erroneously, you will be charged with lying and be forced to repay what was stolen. As for criminal charges, I have no idea.
  2. Repayment of the loan with up to a 10,000 fine. also you will never be able to receive finiancial aid again and this will follow you forever on your credit report
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