by celeste » Sat Mar 05, 2011 6:36 am
Technically if they gave you the money as a mistake, they have a right to ask you to give it back because it wasn't yours. This applies to any situation like that. If your bank makes a mistake and puts a million dollars in your account, you will have to give it back because it doesn't belong to you. You should see if they will let you make payments on the amount you now owe the college. If not, you may be forced to take a loan to cover the amount you owe. Good luck!