A few days ago
If I resign from the university, what will happen to me with my Financial Aid?
I’m going through stress & depression, & I don’t think I can finish this semester. I already have my Bachelor’s degree, & I’m taking extra classes to try to boost my GPA, but it’s not working out. I don’t plan to seek a degree @ the University of North Texas, either. Was this supposed to happen? About 4 yrs. ago, I resigned from a university because of mental health issues, & they wanted me to pay back the aid within 10 days, or else they’d take me to court. I had grants then. Now, since I already graduated, the most I can get is loans. Would the same thing apply? My mental health is suffering, but I don’t think I can afford to resign. & I have low income. I don’t know what to do. I feel stuck.
Top 2 Answers
A few days ago
Favorite Answer
Talk to a financial aid officer at your school for more information regarding your situation. Depending on where you are in the semester you may have to repay part of what you have received. As far as withdrawing from the classes and how that may affect future aid – it would depend if you return to the same university or not. Schools have to review a student’s SAP (Satisfactory Academic Progress) and withdrawing from classes plays a part in that.
Again, the best thing you can do is contact a financial aid officer for more information/guidance. Good luck!
2
A few days ago
Talk to your bank and see if they can come up with a debt consolidation scheme for you to match your budget.
I did that years ago, Visa, hire purchases and a little extra for some necessities.
It took 5 years, but I have never got myself into debt like that since. I still don’t have a credit card even though they have offered me one.
You would think they would have learnt their lesson LoL
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