My college offered me a 1000$ grant. I accepted but no longer wish to go to that college. My friends said I can't back out of grants...I'm sure you can..what if there is an emergency? Anyone know what I can do?
2006-06-26 07:12:14 · 6 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
Of course you can! These things are almost always non-binding. In fact, most schools will cancel your financial aid automatically when they find out you're not attending.
If the grant is a federal grant, the process will be taken care of for you, since one of the fundamental rules of financial aid administration is that you can't disburse funding for a student who isn't attending your school. As I said, if you told your school that you aren't coming, chances are that they already cancelled your grant.
If the grant is from the school itself, chances are that the regulations are similar. No school wants to throw their money away on a student who doesn't go to their school, so they will check and double-check to make sure that you are a student there before they disburse your grant funds. If you are uncertain, just give them a call to confirm this.
2006-06-26 10:03:17 · answer #1 · answered by FinAidGrrl 5 · 3⤊ 1⤋
what's the version in paying out provides or backing pupil loans? that's no longer purely like the Congress is going to dip into their very own checking money owed and %. up the tab! We, the taxpayers will. Who will pay for all of the defaults on those government subsidized pupil loans? it would be extra value-effective for tax payers if the government stopped figuring out to purchase immigrants and human beings's life judgements (welfare). Seeing the government do some thing with education is unquestionably one of the appropriate issues they have going!
2016-12-09 01:54:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
How bout start at the beginning. E.g.
" Hi. I got this grant. I've changed my mind O thou bursar personage. Have this grant back. I'm leaving, now. 'Bye. "
2006-06-26 07:16:12 · answer #3 · answered by vanamont7 7 · 0⤊ 0⤋
i think u should go to the office of financial aid and they will tell u for sure but i do think u can back out
2006-06-26 07:16:49 · answer #4 · answered by anabellpimentel 3 · 0⤊ 0⤋
You have to return all the money, they will simply select the next person on their list.
2006-06-26 07:16:50 · answer #5 · answered by ? 6 · 0⤊ 0⤋
deny it, return all the money, and if neccissary have your school do a financial aid revision.
2006-06-26 08:52:06 · answer #6 · answered by name 2 · 0⤊ 0⤋