College hijinks make for some very funny movies—Legally Blond, Slackers, Revenge of the Nerds, Animal House, Pitch Perfect, The Water Boy, Accepted—but they're not always as amusing in real life. That's especially true when they lead to getting suspended or kicked out altogether.
You might think that the most serious consequences of your shenanigans are having to repeat a semester or maybe moving back in with your folks. But did you consider the financial implications? That's right—your student loans, scholarships, and other forms of financial assistance could be in jeopardy thanks to your misconduct.
No matter what kind of trouble you've found yourself in, the Lento Law Firm is here to help. Contact the Education Law Team at this number: 888.535.3686 or this link.
Racking Up Additional Loans
Whether it's failure to progress academically or cheating in some form, academic misconduct often means that you fail the course. In that case, you'll have to retake it and possibly rack up additional loans. These could be more student loans with their already high-interest rates, or maybe you'll have to borrow from your folks. Either way, it's an expensive way to earn the necessary credits to graduate.
A Lowered GPA
Another result of misconduct like plagiarism and failing the course could be a lowered GPA. You probably worked hard in high school and your previous college semesters to get the best possible grades in order to earn or maintain your eligibility for scholarships and grants. Seeing your GPA drop because you screwed up by cheating is another way to jeopardize your financial assistance.
Suspension Is Expensive
Now imagine that it's not just one class you must retake, but several. Depending on the length of the suspension caused by your academic misconduct or disciplinary misconduct, you could have a few semesters' worth of credits to make up when—or even if—you are allowed to return. You do the math.
Your Scholarships Could Be at Stake
Lots of students and their parents are obliged to stack up as many forms of financial assistance as they can in their pursuit of an education and a diploma. Loans are one thing, but what about scholarships?
It depends on the source of the funding, of course, but colleges have every right to revoke their scholarship offers as one of the punishments for your misconduct.
Scholarships from other sources probably won't be renewed. In some cases, you might even have to pay the money back—and because it's already gone toward your tuition, it'll be an out-of-pocket cost.
Future Forms of Aid at Risk
“That sucks, but it'll be OK,” you might be thinking. “I got a bunch of financial aid, so I can always get more when I transfer to another school.”
Not so fast.
Any kind of academic or Code of Conduct violation will hurt your chances of receiving additional money in the future. Period. Even if you're accepted into another school or program—and that's not a given—you might be out of luck when it comes to scholarships, federal grants, or other types of assistance. Can you afford to pay the full fare?
The High Cost of Being Dismissed
The worst-case scenario when it comes to misconduct of any kind is dismissal from your university or college. All those loans will still have to be paid back, of course. Your grants and federal funding? That money could very well be gone, too.
This Is Serious Stuff and Needs Serious Help
Make no mistake; missteps in college can really impact not just your financial future but also your present circumstances. There is hope, but you are going to need help.
To start the process of getting that help, contact the Education Law Team at the Lento Law Firm by calling 888.535.3686, or you can click here now.
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