06.21.06 | Turns out you can go to jail after all…
… for falsifying a FAFSA. I had thought that wasn’t the case, but in the fine print on the DOE web site, the penalties for FAFSA falsification are pretty stiff. If you knowingly and intentionally submit false or fraudulent data on your FAFSA, you stand a $2,000 fine, jail time, or both…
So don’t do it. Instead, shift your money around legally!
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Filed under: Student Loans
