Grants and Scholarships

Can student grants convert to a student loan?

My daughter does not reside with me but wants me to sign papers to qualify her for a student grant..... I heard that in the event she doesn't qualify for a grant, or a descrepency is found later, that the grant automatically turns into a loan and I could be held responsible for repayment. Is this true? my concerns are that I do not want to apply for a grant for my daughter and find out that it would automatically turn into a loan. I am not interested in a student loan at all

Public Comments

1. This sounds fishy, talk with your daughters' schools finacial aid counselor before signing papers. She should be able to tell you everything. The only way this may be true if she did not sign up for federal financial aid and they have to wait to see if there is any funds left. http://www.ehow.com/how_2268550_aware-obligations-accepting-grant-funds.html