A few days ago
livinlife2thefullestn07

I got money?

I started back to school for fall semester, i got a deposit from financial aid in which i paid for books and had sum left over.

Well the thing is, I received another lump sum, more than the first and now i am scared to touch it. I only took 2 classes. DO I GIVE THE MONEY BACK, HELP!!!!! I DONT WANT TO GET IN TROUBLE AND HAVE TO PAY IT ALL BACK.

HELP !! HELP!! HELP !!

Top 4 Answers
A few days ago
Michelle

Favorite Answer

Check with your FAO to see what the refund is for. Is it a grant? A loan? You might have signed for student loans and not know it. Alot of FAO’s have you sign papers and you don’t know it’s a loan. You can call the loan locator department with the Department of Education at 1-800-433-3243 to see if you have any federally guaranted student loans (however this wont let you know if you have private student loans) Or just call the FAO they will know for sure. But if your school is like most it might take awhile for u to get an answer. Your school may also have a website that you can get all this info on about all the funding you are recieving.
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A few days ago
Brooke
The money that you got is part of your financial aid package. You will have to pay the money back eventually, but you can use it towards whatever expenses that you have now, like housing and stuff.
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A few days ago
BMW BFD
Contact your financial aid counselor. They will be able to tell you. If you have to return it, then at least you didn’t spend it!
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A few days ago
Jeffrey N
Get a hold of them and ask you just may keep it.
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