<human>: Hey Reddit! Has anyone ever been through this situation? If so, what do you suggest?

I am about to enter my third year at university. Under my program I am suppose to do a year abroad. I chose a program which would let me attend university in Milano, Italy for one year. I have been in Italy for this whole summer babysitting so I was housed for free and taken care of. I thought I would be able to just continue on to Milan but this year my federal student aid was decreased along with my Cal Grants. 

I've done the calculations and I wouldn't have the money to really stay for my school year in Milan. I wish I could be paying Milan fees but under the study abroad connections that my university has, I am required to pay my home university fees and for the housing that they set up. 

I would have to return to CA, put off school for a year or two, and then work during that time. Putting me off at least another 3 years to graduate.

My parents can't take out loans for me because they don't have worthy credit nor can we get a co-signer. 

Right now, just thinking about having to return to CA is hard for me because I wouldn't even have the money for a one-way plane ticket if that is my ultimate decision. Nor would my parents. 

I'm really sad about the prospects of putting off school and leaving Italy because I am already here.. It's also so hard having to deal with this from abroad and sometimes not even having internet to really check things.

If you have any advice please let me know. If you've been through a similar situation, please let me know. Thank you so much for taking the time to read this and help me.

Can you succinctly summarize the text in 1-3 sentences?
<bot>: lost financial aid this year, parents can't help with loans, and might have to return to the US because of this. What should I do?