Hello everyone, this is my first desperate post.

Last night I've been contacted by the individual who was helping me with my assignments, giving me an option to pay $500 until Friday or he will expose everything to my university.

At this moment I realize the mistake that I have done, and I understand that there might be nothing that could save me if the report is proceeded to my educational institution.

The payments have been transferred through Paypal.
As I am not feeling very well at this moment, I was wondering if someone involved in a similar situation managed to clear things out without paying the blackmailer ?!

Sorry for my bad English, I cannot find my words properly since last night.