Extra Money from FAFSA, what do I do?

BrownParent
Sat, 19 Sep 2015 11:19:29 +0000

OK, thanks for adding info, please check back more often.

All checks are pretty much only good for 6 months, which means you have to cash it within 6 months. Once you cash the check you have the money and it is good for as long as money is good. The 6 months applies if your mom gave you a check, or the college, or the federal govt or me. It has nothing to do with aid, just with bank rules that means when you hold a check in your hand it is only good for 6 months. If you let it expire it is just paper. unless the person who wrote it will give you another one.

So cash the check. The check is not in your bank account until you cash it.

So you have an uncashed physical check? that is from a Pell grant? Well, that is yours. Please cash it. Put it in your savings account. You are allowed to use it for your books, for your living expenses, for your transportation expenses. If you are able to save it, you still keep it. Read the discussion above all over again. Ask if you still have questions.