What happens if I file FAFSA and then take a year off?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Gail
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What happens if I file FAFSA and then take a year off?

Postby Gail » Tue Nov 15, 2011 12:37 pm

I'm not sure that I'm going to go to law school right after Senior year.

If I can get a job, I might just retake in June and go for 2012 cycle. I'm 166/3.6~, I have above average (but below 50k) debt from UG. If I don't get a big scholarship (25k - 40k per year) I cannot go to law school.


If I file now and then decide not to go, what happens? Given my situation should I wait until I see scholarships?

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JamMasterJ
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Re: What happens if I file FAFSA and then take a year off?

Postby JamMasterJ » Tue Nov 15, 2011 12:44 pm

I'd retake, because you seem to be in a similar position to what I was in last cycle. Retook, and am looking at WAY better schools now.

As far as FAFSA, you have to refile every year, so it makes no difference

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Gail
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Re: What happens if I file FAFSA and then take a year off?

Postby Gail » Tue Nov 15, 2011 2:39 pm

I'm leaning towards that (just worried about finding the job thing, which is so much easier said than done, you think legal employment markets are bad, I'm getting pounded in interviews, I might have to just take a management trainee job making like $30,000 and wanting to jump off of a bridge).

But should I file for FAFSA even if I'm not going to go and I know that in advance? I guess I have to go to the dungeon soon (my school's FA office) and talk to them. I suppose I do remember accepting and rejecting rewards, so if I get accepted for FA, and reject, those loans don't count

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paul34
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Re: What happens if I file FAFSA and then take a year off?

Postby paul34 » Tue Nov 15, 2011 2:55 pm

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Last edited by paul34 on Sun Mar 25, 2012 4:28 pm, edited 1 time in total.

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Gail
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Re: What happens if I file FAFSA and then take a year off?

Postby Gail » Tue Nov 15, 2011 3:04 pm

Well, every job for me has been a scam.

Usually its a trainee job at a retail store or a truck leasing company. God help me if I have to do Enterprise Rent-A-Car, but if I must, I must. I know the sales jobs that you're talking about. Things like Northwestern Mutual or CollegePro. NO... Just no. I would rather be on the street than be suckered into that stuff.

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paul34
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Re: What happens if I file FAFSA and then take a year off?

Postby paul34 » Tue Nov 15, 2011 3:15 pm

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Last edited by paul34 on Sun Mar 25, 2012 4:28 pm, edited 1 time in total.

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Gail
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Re: What happens if I file FAFSA and then take a year off?

Postby Gail » Tue Nov 15, 2011 3:27 pm

I've always tried to live my life by a buyer-beware attitude. Even with all of my student loans now, I think about how bad it could have been if I hadn't gone to the lower-end state school as opposed to UIUC or some private place charging $25k a semester.


This is why I'm being extremely cautious about law school. It is my dream, but dreams don't pay the bills. Even if I'm bringing in a pittance, if I can bump my score up by just 3 points, maybe increase my gpa by .0something in this last year, and then get a few years of my debt erased by working while living like a hobbit, I'll do it.


EDIT:

Also, I think that ERAC pays while you're in the trainee program. If not... I'll look for a different managment program. I'm not doing the trainee to become a manager, just to make money.

james_blocker
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Re: What happens if I file FAFSA and then take a year off?

Postby james_blocker » Tue May 22, 2012 12:01 am

Answer to the post below: because I'm dumb.

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blurbz
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Re: What happens if I file FAFSA and then take a year off?

Postby blurbz » Tue May 22, 2012 12:03 am

I mean, I understand spam. I don't like it, but I get it. But why are you spamming a 6 month old thread?




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