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Actually,you have to pay double what the scholarship is worth,so I wouldn't recommend it.

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14y ago

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Do you have to pay back scholarships if you quit college?

Scholarships do not have to be paid back. Neither do grants. Loans have to be paid back after you graduate.


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No, you do not have to pay back an athletic scholarship if you're kicked off the team, but your education will no longer be paid for by the institution.


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If returning from short term disability and you decide to quit can the company ask for their money back?

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Are student loans and scholarships the same?

Scholarship is a financial grant that you can earn in a number of ways depending on the criteria of each grant. Some are earned by maintaining a certain level of grades in a subject or by performing so-many hours of community service. A student loan is an amount borrowed. You will have to pay interest on it and pay it back. You do not have to pay back a scholarship but you may have to maintain a standard to keep in school.


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