Not bad

[aka name]

I hope neither of you join the military.

[ttobba]

Wow u are learning python. We learned Visual Basic in my pc programming class at ITT. I am now at Iowa State where we start with Java and C++.

[BlackDragonZero]

So, quarter 2 is actually not bad. But besides all that I have decided that I am going to drop and go back to community college. It wasn't the school that made me want to quit. It's just the fact that I don't want to be $80,000 in debt for 10 years on something that isn't worth 80k.

So my question is now. If I drop out before my third quarter, will I have to pay for it?

RIght now this is how my payment is set up as.

Academic Fee: $200
Tuition: 36 credits x $468 = $16,848
Total: $17,048

Federal Pell Grant: (free money)
June - $994
Sep - $1783
Dec - $1783

Federal Subsidized Stafford LOAN -
May - 1144
Aug - 1143
Nov - 1143

Federal Unsubsizidized Stafford LOAN -
May - $654
Aug - $653
Nov - $653

Temporary Credit - $7098

So. Hopefully if I drop out now I won't have to pay the November distribution right?

What about my pell grant, will they try to take that even after I drop out. I'm talking about the December one, not the other ones. Because if they don't that will pay for the CC easily.

What's the best plan of action at this point. I already emailed my FA lady a question about it, if I "hypothetically" couldn't attend third quarter for "personal" reasons.

Without the other 12 credits I should only owe them about $4,800 and Sallie Mae about $3,000+

What happens with temporary credit, are they going to try to force me to get a loan? I wouldn't really mind it. I have three jobs at the moment. In this contract here it says I owe them it by March, 8th 2010. Wonder if that will still stand.

[sevenalive]

ITT Tech takes out loans and pell grants ahead of time. So if you withdrawl now, they would refund all monies not used. You still would have a 6 month grace period before your loan payments start, and when you enter school again they will be deferred, but i would continue to make payments as much as possible to avoid the interest piling up.

[BlackDragonZero]

Well my chair submitted my withdrawal papers today. I'm not sure what that means, but I'll keep you guys updated.

In the mean time I already went to my CC and set up my classes. My left over finical aid will let me go there for free, except for books. Which will be nice while I figure out how I'm gonna get $5,000 for ITT. I decided to start a degree in business, or accounting possibly, and then just get certs in computer related stuff. I feel this will open more doors for me then a tech degree.