Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Academic Competitiveness Grants and National Science and Mathematics Access to Retain Talent Grant (National SMART Grants). Once a school notifies you that you must repay part of a grant, you will have 45 days to either pay that portion of the grant back in full or [...]
Posts Tagged ‘Repay Part of a Grant’
Why You May Have to Repay Part of a Grant
Unlike loans, grants do not usually have to be repaid. However, there are two reasons why you may have to repay part of a Federal grant: 1) The amount given to you was more than you were eligible to receive (this is called an over-award). This can happen if the school makes an error when [...]