Rights and Responsibilities of Students Receiving Financial Aid
Students who receive financial aid awards have rights as well as responsibilities. These rights and responsibilities are explained in detail below.
Students have the right:
- To know that their financial aid award is based on calculated financial need. Financial need is determined by the Federal Central Processor and the Financial Aid Office. Need is defined as the difference between the costs of attending college (at a modest level) and the resources available to students from their own income and assets, their parents’ income and assets, and other sources.
- To receive their financial aid award as long as they are eligible and meet their responsibilities.
- To be informed of details of each aid program that they are offered.
- To be informed of the terms of any loan program awards that they are offered.
- To be informed of the terms of any work program awards that they are offered.
- To accept, reject or seek adjustments to their financial aid award without prejudice.
- To know how much financial aid they will receive each semester and when financial aid payments will be disbursed.
- To privacy of information regarding their financial aid files. Information from the students’ files will not be released to anyone without the student’s permission of access to their financial aid files.
- To seek financial aid counseling.