How does paying college tuition work?

Posted by admin

I go to an expensive liberal arts college and I was thinking about taking a semester off or transferring if I apply in time because of a problem with my financial aid. We have paid off majority of my tuition for this upcoming spring semester. If I were to take a semester off/transfer would the money that we already paid to this institution go towards another school, or get credited back to us?

They would refund your money if you withdraw from school before this semester starts. You probably will not get the loan money back though….that is institution specific. When you choose a school to transfer to, make sure they will accept transfer credits for the courses you already took.

Good Luck! Hope this helps

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  1. UkraiHetz Said,

    They would refund your money if you withdraw from school before this semester starts. You probably will not get the loan money back though….that is institution specific. When you choose a school to transfer to, make sure they will accept transfer credits for the courses you already took.

    Good Luck! Hope this helps
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