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so im going to porter and chester institute for medical assisting, and its 17000 for the whole 9 months. Part of it is financial aid grants and the other is a stafford loan for almost 9800. I signed a paper saying that the instutute is allowed to keep the extra funds if any to use towards any other things i need. Am i going to get that extra funds back or is the school going to keep it for themselves? i went to a community college before and i never had to sign a paper like that and i always had a check for the left over funds. I also never had a stafford loan before...what is it? and is their anything i can do to get the funds to me and to pay the school with it myself? i live about an hour from my school and its about 50 dollars for gas every week and they said they cant really do anything about that, i thought they include that in the loan or at least find something to help me out about that? am i wrong? i dont know how that all works...
also i have to pay the school directly itself the remaining balance that is not covered by any fiancial aid or loans for 2800. they said im allowd to pay 100 a month, but in the graduation policy im not allowed to graduate unless all funds due to the school not covered by loans are paid off. after all this was done im not sure if the school is worth it anymore. im stressing about this and i dont knw if thats the way all private/tech schools work. please reassure me if thats the way it is or not.
also i have to pay the school directly itself the remaining balance that is not covered by any fiancial aid or loans for 2800. they said im allowd to pay 100 a month, but in the graduation policy im not allowed to graduate unless all funds due to the school not covered by loans are paid off. after all this was done im not sure if the school is worth it anymore. im stressing about this and i dont knw if thats the way all private/tech schools work. please reassure me if thats the way it is or not.