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I would think not, that money is to be used for educational expenses only! That money is backed by the federal gov't to be used for your education! If they did that I'm sure you would have court standing.

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Q: Can collection agencies garnish financial aid?
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Continue Learning about Finance

Can i get financial aid if I'm married?

Marriage does not stop you from receiving financial aid.


Is a FHA loan is a type of financial aid?

False, An FHA loan is NOT a type of financial aid.


How early should I apply for financial aid for the fall semester?

Deadlines for financial aid applications depend on your school's policy. However, if you are looking to receive federal financial aid, you must complete the online FAFSA (the federal application for financial aid) by June 30, 2011.


Financial Aid Requirements?

One of the common questions students ask when it comes to financial aid is what the requirements for eligibility are. Students who need aid want to know what they have to do to get the financial aid they need or what requirements organizations take into consideration when determining eligibility. Knowing requirements for different types of financial aid ahead of time can save time and energy in applications. The financial aid requirements are dependent on the kind of financial aid being sought. Some forms of financial aid look only at finances, such as income and educational expenses, while other forms of financial aid look at other aspects of the student, such as ethnic background, grade point average, or field of study. Generally, loans and other federal financial aid look primarily at the financial aspect of the applicant. Private grants and scholarships, on the other hand, may have more specialized requirements. General requirements for financial aid will be explained in applications and paperwork for the financial aid. The information will tell students what they need to know in order to know whether or not to apply for a particular source of financial aid, but will not likely give in-depth information that is dependent on a student's specific situation. However, it will get the student started in the right direction in regards to applying for financial aid. The best way to determine if you meet the requirements for a particular source of financial aid is to speak to a representative from that organization. For example, if there are questions about a scholarship available through a church, the student should speak to the pastor or someone else in that church to find out specific requirements and have questions answered. Financial aid requirements vary depending on the type of financial aid. For a student seeking financial to help pay college education costs, a good course of action is to look at the requirements for financial aid sources before applying. This includes asking questions about specific circumstances to make sure the student is eligible before applying. The more a student knows about financial aid requirements, the better the financial aid experience will be.


What happens when you've gotten Financial Aid but failed or dropped out and can you go to school this upcoming semester even with debt?

You can still go back to school but will not qualify for financial aid until you have taken enough credits to cover the previous financial aid you received. For example: If you received financial aid for 12 credits, you need to take 12 credits in the next semester to qualify for financial aid again.

Related questions

Which UN agencies aid countries in financial problems?

World bank


Is financial aid available for culinary schools?

Yes, financial aid is available to culinary schools. Check with your school's financial aid office for details on what aid is available.


How does marriage affect financial aid?

marriage wont affect financial aid


Can i get financial aid if I'm married?

Marriage does not stop you from receiving financial aid.


Can you check your financial aid status?

Yes, the financial aid can be viewed by each student. Sign into either the school website or the financial aid website. With the proper information the financial aid status can be viewed from one of these sites.


Does Lamar University offer financial aid?

Yes, Lamar University offers financial aid. You can visit their financial aid office anytime and talk to a financial aid counselor who would guide you through your educational payment.


Can monies received for financial aid be garnished?

In the USA, if your Federal Student Loans are in default, then your original lender was paid 97% of your loan value by a Federal Guarantee Agency. Guarantee Agencies are basically insurance companies. When your lender was paid off, the Guarantee Agency took ownership of your loans. Guarantee Agencies have the right by law to keep any Federal Income Tax return money that is owed to you. They also have the right to garnish any wages and to garnish Social Security benefits. If you need help getting out of default and getting off of the tax offset list, click on my profile, StudentLoaner, below.


Can financial aid be taken away from you?

Yes financial aid can be taken away from you. Federal law mandates financial aid recipients maintain a certain standard of academic performance in order to qualify for and retain financial aid eligibility. Failure to meet these requirements can result in the loss of a student's financial aid.


Where can I apply for financial aid online for Nevada colleges?

There is a federal financial aid website, www.fafsa.ed.gov/ . This website will allow you to apply for financial aid in any state.


Does Penn state university have financial aid?

yes we do have financial aid and give out scholarships


Where can one obtain financial aid for Hampshire College?

Financial aid for Hampshire College can be obtained directly from the college or through a state financial aid program. The college can assist students with applying for financial aid and answer questions about how to apply and what to expect.


Financial aid terminated due to standard of grades will aid ever be re-instated?

See your financial aid advisor.