3: Financial Aid

Applying for Financial Aid | Loans | Student Employment
Special Scholarships and Programs | General Requirements for All Forms of Aid
University and Federal Grants | Employment under the Federal Work-Study Program
Student Rights and Responsibilities Regarding Financial Aid

Student Rights | Student Responsibilities

Student Rights

  1. You have the right to know what financial aid programs are available. (See section on Applying for Financial Aid.)
  2. You have the right to know the deadlines for submitting applications for each of the financial aid programs available. (See section on Applying for Financial Aid.)
  3. You have the right to know how financial aid will be distributed, how decisions on that distribution are made, and the basis for these decisions. (See section on Applying for Financial Aid.)
  4. You have the right to know how your financial need was determined. This includes how costs for tuition and fees, room and board, travel, books and supplies, personal and miscellaneous expenses, and the like are considered in your budget. (See section on Applying for Financial Aid and your award letter.)
  5. You have the right to know what resources (such as parental contribution, other financial aid, your assets, etc.) were considered in the calculation of your need. (See your award letter.)
  6. You have the right to know how much of your financial need as determined by the institution has been met. (See your award letter.)
  7. You have the right to request an explanation of the various programs in your financial aid package. (See sections above.)
  8. You have the right to know the school's refund policy. (See chapter 4 and sections above).
  9. You have the right to know what portion of the financial aid you receive must be repaid, and what portion is grant aid. If the aid is a loan, you have the right to know what the interest rate is, the total amount that must be repaid, the repayment procedures, the length of time you have to repay the loan, and when repayment is to begin. (See your award letter and section above).
  10. You have the right to know how the school determines whether you are making satisfactory progress, and what happens if you are not. (See section above.)
  11. You have the right to decline having Title IV aid credited to institutional or prior year charges.


    Continue to: Student Responsibilities
    Return to: Chapter 3 Index