If my job pays for school, and I also have financial aid, WHO PAYS, and do i get anything back??

Question

Ok so thanks in advance for entertaining my question. Serious inquires only!!

Ok so my job pays for my school, however they wont pay for a pre-medical concentration. I've decided just to keep my major as general studies and have my job pay for the general classes I need and when it comes time to take the scientific courses (which they dont pay for) i'll THEN switch over my major to pre-med and utilize the financial award in prepartion to transfer to a four year institution.

My question is.....When i submit the paper work from my job to pay for the classes, where is the money from financial aid going to go? Will I see any of the money? How will the grant know that my finances from school have already been covered and not to cover them again. And if the grant sees that my finances have already been covered will the award amount be taken away. Basically...i guess....where is the financial aid money going to go, now that I've decided to use my jobs funding for school. Thx

Answer 1

my school gives it back to the student even if it is already covered.  and you just have to maintain a certain grade in all your classes to prevent you from having to repay grants.  student loans would def go to you bc you pay them back anyway.  besides, you could always use your grant money for books and "other school related things." ;)

Answer 2

If it is a grant that you have (versus financial aid via student loans- ie: Sally Mae) then you need to have your grant applied first and then have your job pick up the remainder.  I think if you do it the other way around you will be jeopardizing your grant money.  I have done tuition reimbursement through my employer for many years and it has always been very specific to deduct any scholarships or grants first.  Also, if your job has an annual cap, then you may need the grants to cover some expenses anyway.  Also, if your courses are not job-related, your employer may actually deduct taxes from the amount they are paying- this actually happened to me in the past with an Art class that I was required to take for my business degree.