<p>I got financial aid(Sub. Stafford, Unsub. Stafford, Perkin Loan, and Pell Grant) from my community college. My performance was okay until this semester which I dropped a lot of classes. I was kind of slacked off because I already got an offer to transfer from my CC to one of the UCs. </p>
<p>I went to the financial aid office today and they said I have to pay back some money I got coz my registered units are lower than half time level.(and I have less than 60% of the class time or something.) </p>
<p>I asked them the following questions but they said they dont know. So, any of you guys please please give me some answers.</p>
<p>(1) how much do I have to pay?
(2) and can I pay it as a monthly basis or do I have to pay it in full?
(3) can I defer a payment coz I'm going to transfer to UC this coming fall?<br>
(4) will it affect the financial aid package offered by the UC?
(5) when should i supposed to get a letter from financial aid office about how much do i have to pay back?</p>
<p>Hmm…I’m sure Swimcatsmom will clarify…but I believe your Pell grant is awarded based on your full time/part time status. If you received full time Pell money but did not take a full time courseload, you would not be entitled to keep all of that Pell money, I don’t believe.</p>
<p>The financial aid office at your community college should be able to tell you exactly what you owe.</p>
<p>Also…I know you didn’t ask for this free advice…but slacking off when you’re planning to transfer isn’t a smart idea. You’re lucky that the UC is still taking you.</p>
<p>At our community college we have to report attendance–or non-attendance, and it is for financial aid purposes. I don’t know if all colleges have to do that for federal money, but probably they do.</p>
<p>Each school sets its policies individually for this type of thing, and a return of title IV funds calculation must be done if a student drops classes & it will impact aid. Schools have different policies & some will do return of funds when students drop even a single class. You have to ask YOUR school what THEIR policy is. Asking here won’t tell you what YOU need to know.</p>