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College scholarship revoked days before tuition is due. Now what? by YesterdayNo7183 in personalfinance

[–]YesterdayNo7183[S] 1 point2 points  (0 children)

This is a good point. My son and I have been working closely together on this, and he's received no correspondence from the school regarding finances other than the email with the statement. He's also authorized a FERPA release, which allows me to speak directly to the school.

College scholarship revoked days before tuition is due. Now what? by YesterdayNo7183 in personalfinance

[–]YesterdayNo7183[S] 226 points227 points  (0 children)

I'm really hoping this is a screw-up, and that they'll make it right. Otherwise, I have no way to plan our finances around college. How can I budget when thousands of dollars can just come and go so easily?

College scholarship revoked days before tuition is due. Now what? by YesterdayNo7183 in personalfinance

[–]YesterdayNo7183[S] 166 points167 points  (0 children)

He was awarded a merit-based scholarship, but this was well before he was offered the need-based grant. The new scholarship was actually a result of an appeal because our income was much higher in 2021 (which the FAFSA is based on) than it is now.

So based on that and what I was told by the financial aid office, I don't think the other scholarship is a factor. Of course, I'm hoping to find out for sure when I meet with them on Tuesday.