subject: Florida College Must Repay Over $3M in Wrongly Awarded Financial Aid [print this page] Florida College Must Repay Over $3M in Wrongly Awarded Financial Aid
SCF is now using the correct financial aid formula to determine eligibility for federal student loans and grants and will repay the federal government using a portion of the school's reserve fund. The school has not been sanctioned by the Department of Education and is still eligible to issue Pell Grants, federal student loans, and other federal financial aid.