what will happen to my financial aid if i withdraw from school?

A

AngleRBeautiful

New member
I hate the school im in right now and i want to Transfer over to another school but they already gave me my first disbursement of financial aid and they gave me a refund for the excess loan and grant so what will happen if i leave this school will i be able to get financial aid at the other school or will they stop giving me money
 
You will have to apply all over again at the new school. If you leave school during a semester (drop out or withdraw from classes), you will have to repay the financial aid. If you finish the semester and leave after the semester is over, you do not have to repay.
 
With very few exceptions, you have to repay every loan of every type - including student loans, whether or not you finish the semester. The only way to know whether you qualify for more loans to go to another school is to ask. However, it is unlikely, until next semester.
 
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