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If it is determined that you have unearned funds, those funds will be returned to the Federal Aid programs in the following order.
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What happened was I had taken a summer school class at a community college that summer I was planning to leave the country.
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I also was charged an overdraft fee from my bank.
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In addition, a mark will be left on your credit file stating that you have missed repayment
These shortfalls can arise from mismatched timing between income and expenses, misaligned cash flows, income volatility, unexpected expenses or income shocks, or expenses that simply exceed income.
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(Maybe there's actually a limit to how often they can show the Minnesota pillow guy.
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Maine caps interest at 30 percent but permits tiered fees that result in up to 261 percent annual rates for a two-week $250 loan.