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If you really want to attend this college, you should try to petition an appeal. Those 42 hours probably won't do you any good because a lot of schools put "expiration dates" on classes completed a long time ago. Otherwise, see if you could attend another school. At my 4-year university, we were eligible for federal aid on 180 attempted hours for the first undergrad degree.
In the meantime, make sure you fill out the FAFSA and have it sent to all of the schools you're considering. That way, you won't waste any time while you get this sorted out. Good luck.

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