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I took 4 classes with my fafsa grant. I failed one of them and made B's on the rest. Will I have to pay the money back for that class? Will I still get finacial aid? Please help me with this.

2007-05-20 15:42:17 · 4 answers · asked by TTC#2 4 in Education & Reference Financial Aid

4 answers

If it was a grant, then no, you do not. However, if you GPA drops below a 2.5 or 2.0, your fafsa aid will be greatly diminished! But don't worry about it if it was just one class and you did fine in the rest!

2007-05-20 15:51:19 · answer #1 · answered by Alice 2 · 1 0

1. The only way you will owe on a Pell Grant is if an overpayment was made. If it's the school's mistake, then they will have to pay it back. If you gave false information, then you would be responsible. 2. You may not qualify for financial aid until you pay out of pocket for a semester and make good grades -- financial aid often places you on an academic probation if you fail a semester. 3. If you don't want to transfer your credits (if you failed then you don't have any), then you do not have to disclose that you previously attended college. Just sign up as a freshman, not a transfer student. You should pay the college what you owe as soon as you can; otherwise, if they want they can send collections after you which can really hurt your credit.

2016-05-22 14:17:32 · answer #2 · answered by ? 3 · 0 0

FAFSA is the application you fill out to determine your financial aid eligibility. The grant is somethign else entirely.
To answer your question, though, you will have to pay back the money for the class you failed. They will work out payment schedule for you, though, so don't be worried about it.
Go to your financial aid office and they will be glad to help you.

2007-05-20 15:49:26 · answer #3 · answered by platinum_garb 3 · 0 0

Yes, because you still did that class. Even if you didn't succed, you must pay back what you borrowed.

2007-05-20 15:50:12 · answer #4 · answered by Dragon A 1 · 0 1

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