School cancelled my loan but I still need it

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School cancelled my loan but I still need it

Postby chersmango » Mon Apr 01, 2013 5:52 pm

I just found out that my school cancelled my federal student loans. I am taking late starting classes and wasn't aware that they had cancelled the loan as I usually do not get the money until half-way through the semester. I was told that there was a misunderstanding and that my loan had been cancelled because I was not considered full time because of my late classes. However, I need this money to buy my books. I was told I could fill out a form to request a new loan but it would take three weeks or more to process. Does anyone know of how to fix this situation?

Thank you,
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Re: School cancelled my loan but I still need it

Postby edvadmin » Wed Aug 14, 2013 12:01 pm

Unfortunately this process takes time. For future reference please make sure that your FA is aware of your schedule to ensure mistakes like this do not happen again. By keeping the FA in the loop all of your aid will get to you. I know that they are busy but a simple email or message should keep you on their mind when it comes to your aid.


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Re: School cancelled my loan but I still need it

Postby Karlfarmer » Sat Aug 17, 2013 11:24 am

Just an FYI about books- it's sad more people are not aware they can be bought online. The bookstores are total rip offs. Last semester, one book for $235 was found used on Amazon for $5.50. Another class required 3 books, over $300 at the bookstore, all for $75 at Amazon. There are lots of sites that sell and rent books!
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