i dropped below my %67 average and my financial aid was suspended now i owe for my student loans even though i want to go back to school. is there anyway i can switch schools and get my financial aid back and get my student loans back or not have to pay for them yet?
2007-01-30 12:49:08 · 3 answers · asked by dark&loveli 1 in Education & Reference ➔ Financial Aid
you're in violation of satisfactory academic progress (SAP), which is a federal guideline, so it's not just limited to your current school. you will not be eligible for federal aid at any other school until you raise that percentage.
the only way to raise your %age completed is by taking classes and not withdrawing from them. talk to your financial aid office for advice on how best to do that. good luck!
2007-01-30 13:57:55 · answer #1 · answered by penguinfan 3 · 0⤊ 0⤋
If you were suspended, then no school will give you aid for at least 1 sem until you bring up the GPA. If you are just on probation, you can appeal to keep your aid and the office determines that decision. Student loans do not have to be repayed unless you are out of school 6 months. If you can't go back to school, you have to start paying loans unless you put them in deferment. IF you transfer colleges, your GPA starts over (though you still may not be able to get aid). talk to the aid office about your options
2007-01-30 18:00:21 · answer #2 · answered by Brenda F 2 · 1⤊ 2⤋
its Very doubtful since a lot (or all) of finantial aid rests on your student status and GPA....although if you go to any school most lenders will defer your payments until you are out of school..
id say tought it out and straighten your grades...
2007-01-30 14:04:46 · answer #3 · answered by crystal j 3 · 0⤊ 0⤋