What happens to my excess financial aid?

M

Miguel R

New member
I will be an entering freshman during the fall at a university in Georgia. My HOPE scholarship covers my entire cost of attendace (scholarship for students who maintained 3.0 or higher GPA in high school). However, my overall financial aid including the Federal Pell Grant and Federal Subsidized Loan exceed the total cost of attendance by over $3,000 in a single semester alone. What happens to that excess $3,000 which consists of the loan and the Pell Grant? Do I not receive the funds because the HOPE alone covers the total cost of attendace? Or will I get the $3,000? Thanks
 
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