an opinion about financial aide

In my humble opinion I think that people who fail a clas should have to pay a portion of the money back to the school if they utilized federal grants. I think that it is such bs that people go to school for a few years then don’t do anything. Thank you to all those people who throw all that money down the drain.

How did you do in your spelling and/or grammar classes, sport? I think the buck should probably start with you.

Well, let me ask you a question then.

I went to college and I had financial aid in doing so. I majored in television and radio production and graduated with a BA. As it turns out, I had extreme difficulty getting a job in the field (I was unwilling to leave New York) and ended up getting a job in computers (I do database development/administration). Do you feel that I wasted your money?

Zev Steinhardt

Eh. Education is largely subsidized anyway. 80% of people who go to college go to public in state universities (I made that stat up but its probably close to the real stat). The difference between an individual who gets grants and someone who doesn’t is a person who gets 60% of their college payed for by the government and someone who gets 90% payed for by the government.

And i’m pretty sure you need a CGPA of 2.0 or higher to get grants.

not in the least. It’s my buddies at home who blew the past 3-4 years toying around and flunking out of college. At least you have a degree to fall back on, they have nothing but government tax dollars to watch out for them.

Damn, I swear I am getting dumber and dumber by the minute.

If we did that, it would no longer be called a grant. It’d be called a scholarship.

I don’t think requiring a certain GPA is unreasonable, but sometimes bad semesters just happen. Besides the fine folks at the Pell Grant place WILL cut you off if your grades drop too low.

Students do have to pay back a portion of received federal funds if they drop before about 60% of a course has been completed. Failing a course, however, could be the result of many things besides simply being lazy.

And it’s not as if failing doesn’t have its own consequences. Failure to maintain satisfactory academic progress will often result in ineligibility for future aid.

I have a better idea. I feel that if people don’t turn up to class (without note from the doctor) for a certain length of time, nor hand work in, should pay their money back. Failing a course because you can’t do it, but have worked hard is one thing. If you’ve just sat on arse doing nothing is completely another.

They do have to pay back any grants or low interest loans if they accept them and then don’t maintain their required 2.5 overall GPA as required by the USDept of Education. Any money that is a Federal grant or loan will be deducted from any social security, income taxes, and/or will be garnished directly from their wages if they do not meet the requirements set forth in the contracts signed at the time they receive the grant and/or loans. If the students fails to maintain at least a C average they will lose the opportunity the receive future grants or loans unless they receive a written notice “a second chance” if you will. Not an easy thing to get sometimes. If you fail to maintain your grades at this point your grants and loans go into default and they all become due and payable immediately. They are not subject to bankruptcy. A serious disability is about the only excuse to eliminate this responsibility.

BTW required attendance is very common at universities now, at least the colleges I went to.

The US Dept. of Education does not have a 2.50 minimum GPA standard. Schools are to set their own standards, but none may be more lenient than the individual college’s regular academic standards policies (many of which require a minimum of a 2.00 GPA). Nor is it required to pay back any portion of a grant or loan if satisfactory academic progress is not maintained (that may vary by school, but it is not USDE policy that students must do so). If SAP is not maintained, then a student may not be eligible for future aid.

Perhaps true in the case of loans, but not in the case of grants. Pell grant, for example, has no such clause. The only time it is required that a portion of a Pell grant be repaid by a student is if the student withdraws from all courses prior to about the 60% mark in the term. And even then, it is up to the colleges to collect the money, or they themselves becomes responsible for repayment to the Feds.

Again, grants cannot go into default. And any required repayment is entirely between the college and the student (though owing money from a grant repayment can prevent eligibility for future federal aid).

Believe what you want to believe. I am speaking from experience. When I transferred from SHSU to UT for my master’s degree I had to skip a semester. Somebody didn’t get the paperwork filed on one of my loans and as a result they ALL went to default. It took some doing but I finally got it straight but not before the grants I received were recalled and I was told I had to pay them back.
We went over all the technicalities and red tape to reverse that specific screwup. This was all courtesy of the USDE…in all fairness however it was a few years ago and it was also graduate school. There may be some differences.

I won’t even get into the time I dropped a class after the deadline. :smack: I maintained a 3.97 GPA BUT when I dropped the course, little did I know that it went down as a 0.0 it’s my 2nd semester in grad school and try averaging in a zero and see what happens to your GPA. I wasn’t aware that it would be a zero. I had plenty of hours so that wasn’t a problem. Just got the date screwed up I guess. Okay, so I did go into it.

Also the TGSLC (texas guaranteed student loan council) had their hands in the cookie jar too. That may have been where the biggest problem was. The point of the whole thing is related to the OP in that…federal and state financial aid given to students is not a free ride. You do have to maintain your GPA or else you are outta there. Plus you can be responsible to pay back some money depending on the circumstances.

Better? :slight_smile:

Graduate vs. undergraduate financial aid requirements are indeed different. What I described is for undergraduate financial aid.

Very true…I’ll take the blame for the misunderstanding. :slight_smile: