Extra Money from FAFSA, what do I do?

janjan8
Fri, 04 Sep 2015 06:46:29 +0000

Okay, so I just got a check from FAFSA mailed in and it’s the money that i didn’t use for my tuition. I want to save it in my savings account for future needs, but I don’t know. Someone said if it’s in my bank account and i dont use it, FAFSA is gonna take it back?? and another person said that FAFSA won’t take it unless it’s in a separate bank account? Or if it’s under my mom’s name?? I am so confused, like, is it my money now or what?? And it’s not a loan, it’s the money that I don’t need to pay back.