I went to jail for a little bit very unexpectedly, because of a suspended license warrent I had from 5 years ago, and it was only a week in jail but this was during finals, now i'm screwed, because I failed two classes, the only two classes I took this last term. I was taking 6 units (1/2 time student) So....I have two loans, subsidized and unsub, plus I have a pell grant, will I be screwed on all these loans in any way? Such as, not qualifying for any future loans or grants?
2006-06-19 02:32:13 · 7 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
In order to be eligible for Federal Student Aid, a student must maintain "Satisfactory Academic Progress" (SAP) as determined by his/her school's SAP policy. At most schools, this means that you need either
(a) pass a a certain percentage of your classes,
(b) pass a certain number of classes,
(c) maintain a certain GPA or
(d) a combination of 1 or more of the above
If your school establishes that you have not made SAP, you might lose all of your federal, state and/or institutional aid. Some schools might opt to place you at a probationary status, during which time you will have an opportunity to improve your grades before a judgment is made about your status at the school and as a financial aid recipient.
So, to "get yourself back on track," you will need to focus on your academics above all else. See if you can retake the classes you failed. Only once you bring your grades up can the financial aid issues be resolved.
Alternatively, many schools will also have procedures in place for you to appeal a financial aid suspension/probationary status. In general, in a letter appealing a financial aid probation/suspension, you would probably want to explain why you failed your class and what you plan to do to remedy this situation. If there were personal issues that contributed to your less-than-ideal performance, mention these (if you are comfortable doing so). Check with your school to see what their policy is.
2006-06-20 14:59:54 · answer #1 · answered by FinAidGrrl 5 · 0⤊ 0⤋
Try speaking to the professors. Most schools alow them to give you an incomplete. If that happens, you have about a semester worth of time to catch up.
2006-06-19 17:24:03 · answer #2 · answered by name 2 · 0⤊ 0⤋
Talk to your Financial Aid Office. They know what the rules are.
2006-06-19 09:37:35 · answer #3 · answered by Superstar 5 · 0⤊ 0⤋
DON'T DROP OUT!
Talk to your guidance councilors at the college and ask them what your options are. Good Luck! :-)
2006-06-19 10:05:17 · answer #4 · answered by Karen 6 · 0⤊ 0⤋
did you speak with the professors to extend the time you could take your finals?
2006-06-19 09:35:38 · answer #5 · answered by Tyrtyl 2 · 0⤊ 0⤋
dropout..it worked for me with high school
2006-06-19 10:02:04 · answer #6 · answered by A Dizzle 4 · 0⤊ 0⤋
whatever you do, do not drop out!!!!!!!!!!!!!!!!!!!!!!!!!!
2006-06-19 10:21:19 · answer #7 · answered by Yen 2 · 0⤊ 0⤋