09-04-2019, 10:05 PM
Financial aid question here:
I just accepted my financial aid for the October term (taking Network Technology and Statistics).
From what I'm understanding, based on the Master Promissory Note I had to complete, there's a 6 month grace period before I have to repay the loans. But, they also say, "The grace period begins the day after you cease to be enrolled at least half-time at an eligible school."
Does being enrolled half-time include transfers from Study.com or Straighterline? My plan was to take these two TESU courses, transfer in the rest of my SDC and SL classes (around 6 more courses), then take the capstone by itself. But is this considered half-time? If not, would I have to start repaying on the loan 6 months after I complete the TESU courses (which would be end of June 2020)?
What has everyone else's experience been?? I'm also planning on calling the financial aid office tomorrow. Is there a way to take back my acceptance of financial aid if my thinking is correct?
I just accepted my financial aid for the October term (taking Network Technology and Statistics).
From what I'm understanding, based on the Master Promissory Note I had to complete, there's a 6 month grace period before I have to repay the loans. But, they also say, "The grace period begins the day after you cease to be enrolled at least half-time at an eligible school."
Does being enrolled half-time include transfers from Study.com or Straighterline? My plan was to take these two TESU courses, transfer in the rest of my SDC and SL classes (around 6 more courses), then take the capstone by itself. But is this considered half-time? If not, would I have to start repaying on the loan 6 months after I complete the TESU courses (which would be end of June 2020)?
What has everyone else's experience been?? I'm also planning on calling the financial aid office tomorrow. Is there a way to take back my acceptance of financial aid if my thinking is correct?