I’m out of school and trying to go back. How can I pay a debt so I can get my transcript?
by admin ~ January 4th, 2008 . Filed under: Financial Aid .
Van_Saline_Vandal asked:
Alright, to make a long boring and very aggrivating story for me short, I had a really rough start when I first went to college. I wound up in financial troubles and wasn’t able to attend my classes and wound up kicked out of the university. But now, somehow for reasons unknown, I owe the university I was attending $3000. I paid in advance for every semester I attended. But, now I am trying to go back to a junior college to get my grades up. (but I can’t get a transcript w/o paying the debt). What I would like to know is does anyone know a way to pay this debt off? I don’ t have really any skills so if I got a job, I’d be paying for nothing but daycare and wouldn’t be getting anywhere. We don’t have good credit so I can’t take out a personal loan. I plan on talking to the financial aid office and the university to ask why I owe this debt. But I would also like to know if anyone out there would know of any other suggestions for me. Thanks for your time!
Mike
Alright, to make a long boring and very aggrivating story for me short, I had a really rough start when I first went to college. I wound up in financial troubles and wasn’t able to attend my classes and wound up kicked out of the university. But now, somehow for reasons unknown, I owe the university I was attending $3000. I paid in advance for every semester I attended. But, now I am trying to go back to a junior college to get my grades up. (but I can’t get a transcript w/o paying the debt). What I would like to know is does anyone know a way to pay this debt off? I don’ t have really any skills so if I got a job, I’d be paying for nothing but daycare and wouldn’t be getting anywhere. We don’t have good credit so I can’t take out a personal loan. I plan on talking to the financial aid office and the university to ask why I owe this debt. But I would also like to know if anyone out there would know of any other suggestions for me. Thanks for your time!
Mike
January 7th, 2008 at 4:46 am
If you paid in advance out of your pocket, you shouldn’t have a debt. If, however, you had any financial aid, including loans and scholarships, then you will have to pay back everything that was applied to your tuition and any overages for the semester you didn’t finish. In addition, some loans, like the Perkins Loan, are often financed with the school as the lender.
The first step is to find out why you owe the debt and whether it is a valid debt. From there, you really have only two options, short of declaring bankruptcy: 1) Pay the debt or 2) Start fresh without the transcripts. The only purpose the transcripts really serve is to see if any of your previous credit will transfer. Check with the junior college to see if you can start without the transcripts. Explain your situation. They’re usually pretty understanding.