<p>Just one of many reasons, it’s a 50% buffer to allow for mistakes and changes to happen. </p>
<p>Not if you arent making satisfactory academic progress.
You can change majors & still be passing your classes.</p>
<p>I’m mystified by the tone of this thread. OP, the adults here have been more than patient and kind with you. It would be difficult for me to find the patience that they have exhibited.</p>
<p>Very simply, I don’t understand you. I don’t understand your apparent belief that you are being victimized. I don’t understand your inability to see WHY a school, or anybody else, would deny you a loan. I don’t understand why you can’t understand that you’re a bad credit risk right now. Why would anybody want to lend you more money so that you can turn around and fail more classes? You were only taking 6 hours per semester, for two semesters, and you couldn’t pull off a single passing grade? And why can’t you see that a loan is sort of a “gift,” and definitely NOT an entitlement? And why can’t you see that you are not currently worthy of such a gift because you have essentially failed the gift-givers?</p>
<p>I’m sorry, but in my opinion, you only have yourself to blame for the way things have played out with YOUR grades. You were responsible for the outcome, no matter what happened to you in terms of a crime or anything else. If you couldn’t manage to keep your grades up as a result of this “crime,” it was still your responsibility to communicate with the people who believed in you and lent you the money in the first place, so that you could have the PRIVILEGE to take those college classes.</p>
<p>People who lend you somebody else’s hard-earned money are TRUSTING you to be responsible with that money. And you weren’t responsible with it. You screwed up. That doesn’t mean you will always, forever more, screw up. But it means that, for now, you have betrayed the lender’s trust, and you no longer deserve the lender’s money until you can prove, once again, that you are worthy of their trust.</p>
<p>So, own it. That’s the only way I can see you getting out of this in tact. </p>
<p>While I do understand your frustration, OP, I do think there is a better way to handle this with your school. Keeping emotion out of the tone of your voice, etc, would go a long way. It is frustrating that students who hit a hard time are penalized, yet our government keeps giving people who don’t work, don’t study, don’t contribute to society more and more benefits on our dime. When you are so close to your degree, I can feel for you. I also know that if your hospitalization was of a mental health nature after the crime, they DO cut you off from being able to email, etc. It is next to impossible to stay connected to your outside responsibilities under this type of hospitalization, which can last just long enough to cause a total loss of a semester. Was this the case for you?</p>