Lost financial aid due to school's mistake. Is there anything we can do?

I have been the community college professor who needed to correct a student’s grade several years after the fact. Just like with your daughter, the community college had recorded F grades because of paperwork that was mislaid. I had to re-report all of the grades of the students in that class! So I know that in cases like this, sometimes things can be repaired.

Your daughter needs to contact the instructor, and let that person know that the grade in her records is not the grade she had been expecting.

Wishing her all the best!