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To: Kackikat

Now you’re just making things up. Where did I say she didn’t take her classes and where did I say anyone else used the money for things other than school related expenses? And, FYI, Pell grants don’t have to be repaid or didn’t you read the link I sent you.

She did it. Period. You are looking foolish defending something you know nothing about. This was back in 1984 and she didn’t hide what she did with the money. I was working 2 jobs and going to school full time. What furniture I had was second hand while this sow was given a free ride and then some. Guess what - there is human trash out there that can work the system and use our hard earned tax dollars in immoral and unethical ways.

Not sure who you are, but when I am wrong, I apologize and if the tables were turned, I would have already apologized to you. I am actually embarrassed for you.


16 posted on 02/10/2015 6:29:29 AM PST by Cowgirl of Justice
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To: Cowgirl of Justice

I know Pell Grants are not repaid....did you not read my first post...I was a Community College Instructor for years. I know what it is, and I said contact the Financial Aid Office and they will set you straight.

I do not owe you an apology.


17 posted on 02/10/2015 1:48:32 PM PST by Kackikat
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To: Cowgirl of Justice; Kackikat

I’ve written FinAid software packages for multiple colleges, and Kackikat is right.

The Pell payments are wired from G5 directly into a disbursement bank account that is controlled by the college. The funds are then transferred (within 3 business days per Title IV rules) to the student’s account ledger sheet to pay for tuition and other college direct expenses.

Now, it is true that technically any monies credited to the student that exceed the amount actually owed to the school during the aforesaid 3 day window must be reimbursed to the student. This can happen with Sallie Mae or parent-backed loans where the student requested more money that was required to pay for direct costs. The excess funds must be disbursed to the student, presumably for other things they want to pay for, like off-campus housing, bus fares, etc.

Pell is a grant, not a loan. So it gets kicked into the payment bucket first. Cash next. Loans go in last. So only excess loans ever get disbursed (partially) back to the student, never Pell. This is because Pell will never pay beyond a basic rate which never fully covers tuition, at least not at any college I have ever seen.

So the bottom line is that students never get a check for Pell.


18 posted on 02/10/2015 2:02:59 PM PST by Gideon7
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