Like I didn’t already have enough to worry about, THIS might end my long suffering college career 72 days early.

by Janie Jones

This is the new deal:

So, I wake up this morning and there’s an URGENT notice in my email from Stickittoyou financial aid.  I got a notice on Tuesday that there were updates to my FAFSA, but I was too busy to think much of it yet.  So I skimmed this morning’s Stickittoyou notice and, lo and behold: someone, and I don’t know who yet, but my money is on the Stickittoyou computer platform update, the same one that couldn’t calculate my financial aid package until the Saturday before summer class started, allowed me to over borrow by $500.

I am in my 5th year, so I knew I was getting close to maxing my federal loan money.  However, I generally keep in close communication with the financial aid office, and I as I did have a considerable amount of grants and loans this year, I thought we figured I’d be okay.  When my fall financial aid packet came through, I was offered $1961.00 in loans.  I suppose ultimately it’s my fault for accepting what they offer, but, silly me, I expect that when I’m offered something I should actually be eligible for it, so I took the max of what they offered, and they paid it to me two weeks ago.  Doesn’t seem like a lot, but apparently it is $500 too much.

But as that maximum offer was wrong I’ve now been paid money that I technically wasn’t allowed to have and they have frozen my entire financial aid account, not just my loans.  Furthermore, it kind of sounds like that is including my workstudy job money, as my job is funded by federal financial aid workstudy dollars.  It seems as though I have to go to the financial aid office this morning and find out whether or not I can still get paid at my job until I pay back that $500.

The simple solution would be to give back the extra $500, but if I do then that creates the problem of how will I pay my January 1 rent, as all the remaining money that didn’t go to books, other school supplies, keeping my car running and paying a few summer bills is earmarked for rent for this semester.  But at least I guess that will push the problem down the road a bit.

Even if I find one way or another to pay back that money, as I’ve apparently maxed out my undergraduate borrowing dollars it still doesn’t solve the problem of how I will pay the extra expenses that aren’t covered by my scholarships and grants for my last semester, but once again I guess I will just have to kick that problem down the road apiece.

Well, I guess it’s time to merrily schlepp my butt on down to Stickittoyou U for another exhilarating day of learning.
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One Comment to “Like I didn’t already have enough to worry about, THIS might end my long suffering college career 72 days early.”

  1. For a free market economy, I have to say the system sucks. Hope you get it sorted x

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