Extra Money from FAFSA, what do I do?

Sweetbeet
Sat, 19 Sep 2015 19:04:27 +0000

OP, are you in college? Just checking to be sure that you are actually enrolled, because if you are not full-time, it is possible that the government might ask for some of your Pell grant back. I think that’s the only time they can do that, if it is disbursed (paid to you) based on fulltime enrollment and then you drop back to less than 12 credits. But if you’re taking 12 credits or more, then you get to keep the money, and as others have said, if you have some left when you fill out next year’s FAFSA, you won’t include that as an asset.