Extra Money from FAFSA, what do I do?

thumper1
Fri, 04 Sep 2015 11:19:46 +0000

Money that is awarded as financial,aid is not supposed to be reported as an asset on next year’s FAFSA. But it’s also supposed to be used for your college expenses. So…right now, put any refunded amount your school sent you in a bank bank account, but plan to use it for things like your books, and college bill for the spring term. You will likely get a refund then too.