What can I do with a financial aid refund check?

  • Thread starter Thread starter Angeline B
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Angeline B

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I am getting a $1500 refund check from government financial aid, scholarships, etc. My question is what can I do with it? Does it solely have to be used for educational purposes for myself? I am thinking about paying off one of my friend's student loans because he needs the money more than I do. Is this okay? Could I get in trouble for this if anyone found out?
 
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