65k fake students applied for financial aid in wide community college scam

Re:65k fake students applied for financial aid in wide commu... by cubano on Wednesday September 01, 2021 @04:41PM (#28385275)

So why, then, is the money not simply paid directly to the institution, thus completely eliminating any chance the money could be used for something besides payment for educational expenses?

Have you put any thought into why that isn't the way its done?

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Re:65k fake students applied for financial aid in wide commu... by vxNsr on Wednesday September 01, 2021 @05:50PM (#28385945)

This is how it was done for me. I’m not OP. But I didn’t have access to the money at all. It went directly to the school.

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Re:65k fake students applied for financial aid in wide commu... by astura on Wednesday September 01, 2021 @07:56PM (#28387054)

If you have a balance after the school pays itself the tuition and fees you owe them then you simply request the bursar distribute the remainder of the funds to your bank account. You then use that money to pay your living expenses.

Of course, if you bought your room and board from your college there would be little to no money leftover after tuition and fees were paid.

Source: Personal experience.

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