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If you as a student in college in north carolina are awarded a scholarship and you end up dropping out of school do you have to pay the scholarship back to the organization
[ ] Want to answer more questions in the Work & School category? Maybe give some free advice about: Colleges & Universities?
North Carolina has a lot of scholarship-loans. If you applied for one of these, then your signed application (and the fact you cashed the check they sent you) can be taken as accepting the terms of the scholarship-loan. A scholarship-loan does have to be repaid under certain circumstances. So get out all the documentation related to the scholarship and read the fine print. Then if you're still unsure, call the organization that gave you the scholarship and ask for details.
A regular scholarship, bursary, or award doesn't have to be repaid; if your GPA drops too low, if you stop doing the thing for which you are given the scholarship (such as a sport), or if you have to quit school, then all the granting organization does is turn off the money and you go your separate ways. ]
No. Scholarships are an award and you aren't required to pay them back. If there was a contract of some sort that you signed, then, yes, but that isn't normal for a scholarship. ]
No, only if it was a loan. You never pay back scholarships no matter the reason for losing them, only because they were issued for a particular reason..
Chris ]
Yes you have to pay for it. ]
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