RIGHTS as a financial aid recipient:
- expect that your eligibility for financial aid be determined in an equitable manner consistent with federal regulations and university policies
- be considered for those programs for which you qualify as long as funds are available
- receive information about how your financial aid eligibility was determined
- obtain full information about financial aid programs and pertinent regulations, policies, and procedures
- expect notification of your financial aid offer and any adjustments to it
- expect that your financial records, your parents’ financial records, and your award information be kept confidential in accordance with the Federal Federal Privacy Act of 1976
- receive information about your student loan debt burden.
- Receive information regarding monthly and total repayment options available as well as debt management strategies
RESPONSIBILITIES as a financial aid recipient:
- supply complete and accurate information on which we base your eligibility for aid
- use the aid offered for educationally related expenses as defined in the estimated student expenses
- complete entrance counseling before you receive your first loan disbursement
- report additional resources of financial assistance such as scholarships, vocational rehabilitation, and veterans’ benefits
- maintain eligibility for financial aid by continuing the same enrollment level throughout the term
- see a financial aid counselor if you withdraw from school. Federal Perkins Loan recipients must see an account representative in the Student Loans Office.
- report any change in your status. You are responsible for informing the university and your loan servicer of changes in your name, address, social security number and graduation date. You must notify your loan servicer if you transfer to another school, withdraw from school, or drop below ½ time enrollment in any term
- complete exit counseling to receive information regarding loan repayment when you graduate or leave the university
- repay any loan you receive
- report any portion of grants and scholarships that exceed tuition, fees, books, and supplies as taxable income when filing your tax return
- be aware of your obligations and rights
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