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NO. they can not, but they do it anyway. Many schools don't have operational capabilities to do this. Department of Education forbids these practices; however, Department of education is unable to controls many things related to Financial aid. Lack of budget, lack of training to auditors, etc. I have seen many things done wrong by schools, but Department of Education is unable to prevent different violations.
What else can I help you with?
Do you have to pay back FAFSA money if not used for school?
If a student accepts what's called a stipend check (the amount of excess Stafford Loan money sent to the student once college expenses have been deducted) then it does count as part of the student loan. Students are responsible for paying back the entire student loan plus interest whether it was spent on educational expenses or not. It is wise to return stipend checks and decrease the amount of student loans you take out.
What is the most money you can get from applying for school loans?
The maximum amount of money a student can get from applying from loans actually depends on the the student. A good thing to do is actually calculate the amount with a web source.
What is disbursment of loan?
The disbursement of a loan is when the money borrowed is given to the person who took the loan out. In the case of a federal student loan, the money is given (disbursed) directly to the school so that the money is spent on school expenses first. Any amount over the cost of tuition, fees, etc. will be sent to the student as a refund.
Can an F1 student send money to India?
Yes, an F1 student can send money to India.
Know How to Spend Low Interest Student Loans?
Some students assume they can use their low interest student loans to buy anything and everything. The truth is there are strict guidelines over how a student can use his or her low interest student loans. A student should be sure that he or she is only spending the money on living expenses and school expenses.
What would a high school student like bought for them?
money
Do you earn money in medical school?
No you dont because you are a student
Can a high school diploma be withheld from a student that owes money to the high school?
Yes
How can a student save money?
A student can save money by using local coupons to buy groceries, school supplies, food, clothes, and electronics.
Do you have to pay back FAFSA money if not used for school?
If a student accepts what's called a stipend check (the amount of excess Stafford Loan money sent to the student once college expenses have been deducted) then it does count as part of the student loan. Students are responsible for paying back the entire student loan plus interest whether it was spent on educational expenses or not. It is wise to return stipend checks and decrease the amount of student loans you take out.
How can you go to school with out any money?
Get a Student Loan or a Scholarships are available.
Does it cost a school money for a student to drop a subject in a levels UK?
no
What business magazine is appropriate for the middle school student?
I would recommend Young Money.
Do student athletes get spending money with a full ride scholarship?
the school pays for everything
If you take out a student loan or get a federal loan for school can child support take that money or some of that money?
nosee link
What is the most money you can get from applying for school loans?
The maximum amount of money a student can get from applying from loans actually depends on the the student. A good thing to do is actually calculate the amount with a web source.
What exactly is a school loan?
A school loan is money provided to you because you are a student, and you have to pay it back because it is a loan. Most student loans do not require you to begin payments back until your graduate.
