I’m a senior, and I only have to take one class this quarter, but it only adds up to 5 units, which is less than half time, therefore my grant was revoked. I now have to pay 6,397 dollars by mid November, but I do not have that much money, what do I do?
You have to borrow to pay.
Who is going to loan me that kind of money?
Check with your financial aid office.
Pls guys, I don’t think you understand how stressed out I am. I called financial aid and they basically told me, f u, pay me.
Take an extra course and you will be half time and qualify for the grant.
The school charges $6000 for a 5 unit class?
Since you are graduating, can you ask the Financial Aid office if you can take the student loan amount for the whole year?
What about your parents? Can they apply for a Parent Plus loan?
Can you find out if your school has a payment plan?
Do you graduate in December?
Any savings from your summer job? Are you working almost full-time now?
Is this a for-profit school?
Others reading this can learn from this. Just because a student only needs to take X credits to graduate, if Y credits are needed to get FA, then TAKE Y CREDITS!
This is at UCR, on Monday, I will go to the financial aid office, there has to be something I can do.
Also…go to your dept head for your major and see if there is some sort of 400 level self-study/research class that you can add this quarter for 1 credit. Sometimes being a TA for a class can be 1 credit.
pray for me
When are you supposed to graduate? December?
@kelsmom if this student is graduating in December, can’t they take the full Direct Loan?
To the OP…are you saying UCR charges $6000 for a five credit course? Are you an OOS student?
No loans if you are less than full time. If it is past the drop/add date, adding a class to get above half time is not supposed to count towards financial aid. If you are able to get enough credits that can be counted for financial aid to get you to at least half time, there is a rule for undergrad loans that will kick in. If you will graduate at the end of the first semester of the year, your loan has to be prorated based on the number of credits you are taking. This often results in getting even less than you expected for the semester. OP, you need to schedule an appointment with your financial aid office - we cannot give you the kind of advice you need … only they can.