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Can I attend two universities?

I committed to two colleges but college 1 starts in the summer 2021 and the college 2 starts in the fall 2021. I am planning on only staying at college 1 for the summer term and then dropping out. I plan on continuing at college 2 from fall till the end of my sophomore year. I plan on using my FAFSA Subsidized loan to pay for my summer term. What would happen if I finish my summer term but then dropped out of college 1 to go into college 2? Would the interest occur immediately? Or is it not allowed to use my FAFSA for more than one college? I only have unsubsidized loans for college 2 which I don't plan on using. #finance #financial-aid #human-resources #FAFSA

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Lindsay’s Answer

Hi Keo,

From what I know, FAFSA can only be used for one college at at time. If you want to attend College 1 for Summer, you probably have already filled out FAFSA for that college and will be receiving some sort of aid. However, your aid doesn't automatically transfer to the next college you attend. Using my personal experiences, you need to reapply for FAFSA or contact College 2 about potentially getting aid. FAFSA supplies aid for your attendance at one college, so if you decide to drop out of one and go to another, you have to alert FAFSA AND your school because FAFSA uses what school you've chosen and sends money/loans directly to that school. I'm not sure why you chose to commit to two different colleges, unless they're community colleges, but you can ONLY use FAFSA for one college at a time! You cannot say that you're transferring and expect FAFSA to supply you with financial aid to both or expect FAFSA to follow you to another college. I attended a 4 year university and 2 community colleges at the same time and only received aid for that 4 year university. Any other colleges I chose to go to was on my own accord and not necessary, so FAFSA has no reason to supply me with aid for the other tuitions because that education was not necessary for me! I hope this kind of answers you question.
Thank you comment icon Hi Lindsay - your advice is very insightful. Thank you for sharing your personal story. Sheila Jordan
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Brayden’s Answer

Hello!

If I am reading your question correctly you won't be able to use FASFA at both colleges its either one or the other. When you fill out your FASFA you will input the schools that you have the potential to attend and then from there FASFA will determine how much they are willing to allocate depending on the school. But in terms of physically attending 2 different schools in the same calendar year that is definitely allowed. Its always good to simple reach out to the enrollment people of your schools to let them know of your plan, in the event that anything comes up. But I dont see any issues there.

Good luck!
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Lisa’s Answer

HI,

Yes, you could attend two universities at the same time.

Before you take this step, think on if you will be able to fully apply yourself at both universities? Also, the one that has the subjects that are major study related, do it also offer the same course that you are taking at the secondary university? If yes, why two different universities?

My concern is burning out when you are just getting started. I would hate for you to loose that desired to further your education by burning out in the first year maintaining two universities requirements. Also, if you are leaving straight from HS to the universities, you are already going to face changes in managing your own time without much parental structure. Which believe me, allowed you the ability to do some much more in HS than being partially on your own will allow.

What they tell us in the business environment is "to work smarter, not harder".

Lisa recommends the following next steps:

Look into both universities carefully.
Which offers more of what you need for the first two years?
After two years, would it then be better to then switch university as you get deeper into your field of study?
Pray over all decisions! Much love and success yo you!
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Liane’s Answer

Hi Keo,

The total amount of aid - loans will depend if college 1 considers the summer session part of the 20-21 school year or if they consider it the start of 21-22 school year. You are only allowed so much federal aid/student loans per academic year. It seems it might be easier to just take classes at college 1 vs. enrolling and then transferring. You may also lose merit aid/scholarships by not committing to just one school. In addition be sure that the classes you are taking at college 1 will transfer and be accepted at college 2 or it will have all been for naught. Good luck.

And the interest on your loan will start when you graduate or drop below full time.
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