Financial Aid (PLEASE HELP)

  1. Okay. So I was attending a community college and decided I didnt want to attend anymore due to a certain situation and decided to go to Concorde. I got a letter saying I had to pay back some money from my pell grant award and if i dont pay within 10 I will not be able to get financial aid at no other school. I will begin my lpn program on april 1 and dont know if i can pay it by then. Any one else had this problem? If so what happen?

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    About shaylah

    Joined: Jan '13; Posts: 21; Likes: 3


  3. by   x_factor
    You have to pay it back, or you'll be denied financial aid until the amount is paid. Pell Grants have stipulations that you must attend a certain period of time (around 66%, or 2/3 of the semester) before withdrawing, otherwise you are responsible for paying back the unused portion that you were awarded. Left unpaid, you are ineligible from financial aid until it's paid. Go long enough without paying, and like a student loan that's left unpaid, you'll go into default and become permanently ineligible for all future financial aid.
  4. by   shaylah
    Will they still let me attend Concorde and just pay without using financial aid?

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  5. by   x_factor
    Depends on the individual school, I would contact them and see what they say.
  6. by   shaylah
    Thanks A Lot.!

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  7. by   karleeek1992
    You could probably set up some sort of payment plan
  8. by   shaylah
    I tried. I have to pay it in full. But I talk to the people at my school and I will let me go without using F aide and just make payments til i can pay the F aid money off. If not if going to have to wait til September. :+(

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  9. by   rstates84
    If u cn afford to pay for school without financial aid then do it.....if not set money aside to start going towards paying the school bck.....I owed a Skool and. Couldn't get transcripts or fa till it was paid mines was 800 but Skool said since it was old I could pay 624 and that would be payment plan I sacrificed. Saved 200 from each of the next 3 pay checks and paid it's worth it...once u get in Skool and graduate that money will not matter any more....u will get it bck..... I hope it's not a lot u owe....hopefully this helps. Your education is worth it!
  10. by   shaylah
    I owe 821. I just got a job so i will do the same. Put money aside to pay it off. Thank you alot for the help.

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  11. by   shaylah
    They are going to let me start.! Yeahhhh.!

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  12. by   pnkgirl25
    I had a problem like this. Attended a community college and had to drop classes. I ended up owing $608. I enrolled at another school a semester later and was issued a pell grant without a problem. The amount you owe is school specific, you wont be able to get a pell grant at that school but you will be fine at another school. I of course ended up paying the money back (took me 8 months) but in the mean time I was able to enroll in another school a few miles away and was fine. The school you own the money to will hold on to your transcripts until the debt is paid. And don't wait too long to pay it or I believe they will report it on your credit and that's not good.

    Also, you might be able to petition to be reinstated. Usually what you have to do is petition to be reinstated, go one semester without pell grant, then the following year or semester you will be fine. I have had two friends who did this as they were unable to afford to make payments.

    Also I have never heard of then not allowing a payment plan. They will take payments, granted you won't be able to receive a pell grant while you are making payments (at that school) but trust me, they wont turn down a payment.
  13. by   shaylah
    Thanks alot. That made me feel even better. But idk why they told me that I coulnt do a payment plan.

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  14. by   pnkgirl25
    They are partially correct. You CANT do a payment plan and get a pell grant at the same time. You can however make payments and NOT receive a pell grant until it is paid in full. Basically, no money until you pay the debt...well at that school anyway