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Question: My daughter could not pay her pell grant. Will the courts let her make payments? They are suing her.?
In 1988 daughter got a pell grant. She ended up not finishing college. She never could afford to repay the grant. Now she is getting sued. Do you think the courts will allow her to make payments? She owns half of a house and her x husband owns the other half? What do you think daughter can expect to happen? This is her first time to go to court and she has no money for an attorney. Please only serious answers.
Answer: she had so much time to pay that grant back. there is no ...
she had so much time to pay that grant back. there is no excuse. she needs to figure things out. she's an adult. why would the courts allow payments for something that she's had a chance to make payments on for 20 years? are you sure it was a grant, and not a loan? grants are usually not paid back.
Answer: Yes, they will allow her to make payments. She needs to ...
Yes, they will allow her to make payments. She needs to call the collection agency (it is not likely a Pell she owes on, but a student loan) and make arrangements to start paying. The longer she puts it off, the more she will have to pay in the long run. If she doesn't make arrangements to pay they will garnish her wages and take her income tax returns.
Answer: I believe she will get off with a slap on the wrist. They ...
I believe she will get off with a slap on the wrist. They should allow her to make payments. The worry I have is why does she have to repay a grant. Usually grants are just that they are gratis no repayment, if she signed a loan then that sounds more like she has to repay that. If you have or she has papers of what she signed then she can refer to it and find out what she is liable for. There are attorneys at most legal aid offices that will allow you free advice and maybe an attorney. You need to make the call.
Question: Can I lose a Federal Pell Grant?
Basically EFC is 0 so I thought I should be getting the pell grant because I had to do the verification sheet and that took some time. I went to the site and it says that eligibility is at 20+k but accepted is 16k because the Federal Pell Grant was not accepted. Is it possible to lose that grant?
And another weird thing is that when I went to check federal aid summary, the college listed that cost of schooling was 20k and that I was awarded 20k and I only had to pay 182 dollars. now does that mean the awarded amount is the amount I was eligible for or the amount that I recieved.
or does it mean that i'm just getting the Pell Grant later or it hasnt processed yet.
Really need help :(
Answer: Just because you were handed a verification worksheet to ...
Just because you were handed a verification worksheet to complete doesn't mean you are accepted. They are checking to make sure everything is correct. If for some reason you had filled out your fafsa wrong (many people do) they have the right to correct it.
Trust me, unless you got a 16K scholarship, you will have to pay more than 182 dollars. Most likely that 16 K is in student loans and you will have to pay that back eventually.
I'm also having a diffiult time understanding what you see on your schools info site. If you worded it exactly as it's stated there, maybe someone can interpret it there.
Question: How much will a Pell grant cover?
I am 30 yrs old, mother of 2 and I just lost job. Unemployment will not be enough to save for school now. My efc is 0 and I was planning to start at community college to save on tuition. How much assistance can I count on until I have a decent paying job? Are there other avenues for assistance for moms?
Answer: To get the full Pell of 4700 per year (half in the fall and ...
To get the full Pell of 4700 per year (half in the fall and half in the spring) you would have to go full time (12 hours or more). How much it covers depends a great deal on how expensive your school is.
Answer: dbs shot: If you attend community college you will come out making ...
If you attend community college you will come out making money. The amount at school for a 0 efc (what I have) is 2200 a semester for a full time schedule, I think it drops to 1800 for 3/4 and 1200 for 1/2 time. At most schools the course and the books rarely top 300 a class so you will end up with half the money back. glad you are going back to school
db
Answer: I had the same question previously. I went searching online ...
I had the same question previously. I went searching online and found that the maximum Pell Grant award for the 2007-08 award year (July 1, 2007 to June 30, 2008) is $4,310. The site http://www.PellGrantOnline.com was very very helpful and answered all of questions related to pell grants.
Question: I have $12,000 out from a student loan from a bank! If I get the pell grant or any thing from FAFSA...?
can I help pay back the 12,000 with that money?
Answer: It is understanding that you have to use your excess ...
It is understanding that you have to use your excess funds for educational purposes. Paying back part of a student loan would be considered an educational purpose.
Answer: You should always check to see if you get the Pell grant ...
You should always check to see if you get the Pell grant BEFORE you take out the student loan. Then you don't have to get the loan!! Not to mention pay those high origination fees. It sounds as if you are putting the horse before the carriage. Contrary to popular belief, student loans are not a good idea for any college student unless they can't go to school any other way.
If you got your student loan through fafsa (and not through a predatory private student loan lender with high interest rates and substandard terms) and didn't get the Pell grant, you aren't eligible for the Pell because they always offer and want you to get the free money first.
Any bank or agency issuing a student loan to someone without applying for fafsa first is a shark and should be avoided at all costs. They only want your money.
Good luck.
Answer: Let's not label every private education loan lender as ...
Let's not label every private education loan lender as an agent of evil. *grin* Many of them in the business provide a necessary vehicle for college students to be able to afford to attend college where federal funding falls short. Yes, they come at a higher cost, and private companies are in the business of making money, and some of them are certainly worse than others. But they are not all evil.
Direct to Consumer loans targeted at college students - pretty damn evil. If you have taken one of these loans, which means you skirted the financial aid office and took the loan out without their certification being required - you just fell into one of the worst loans available.
You want to exhaust all forms of federal aid before searching for any alternative forms of loans. Federal aid includes Pell grants and most notably the Federal Stafford loan.
Do what you can to payoff this private loan first, the earlier the better. I would not necessarily suggest paying it off with a refund of financial aid, which is typically expected to be spent on school related and living expenses.
One other problem you may find is if you go to your financial aid office and make them aware of a 12k loan you took out (if they were not required to certify the loan) they are obligated to include this loan as a part of your overall budget and it can limit aid you will be eliglble to receive. Now will they do this? I'm not sure. But I do know they are required to include it as a resource in your package.
Avoid any loan that does not require your schools certification. These are direct to consumer loans and they are enabling you to cripple yourself when it comes time to repay your student loans.
Question: Pell grants and OIG grants?
Does anyone know about PELL grants and OHIO intructional grants , and how they work. I am not interested in answers about applying for students loans. Just info on grants, thank you
Answer: I have no idea about Ohio state grants but for the Pell ...
I have no idea about Ohio state grants but for the Pell grant it is determined based on your prior years income and current assests. Generally the lower your income is, the more likely you are to receive the grant. There is no SET "cut off" amount, for the Pell grant because a family earning 30,000 a year may get a Pell grant, while a person earning 25,000 per year may not. The easiest thing to do is fill out the fafsa application on line and see if you qualify. PS Don't pay anyone to do the application. FAFSA stands for Free Application for Federal Student Aid.
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