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« BACK TO FINANCIAL AID HANDBOOK 2012– 2013 MAIN PAGE
1

Mission Statement

Chapter 1

Chapter 2

Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
2

FINANCIAL AID PUBLICATIONS

STUDENT FINANCIAL AID HANDBOOK

2012– 2013

Chapter Twelve         

CONSUMER INFORMATION FOR FINANCIAL AID APPLICANTS

STUDENT RIGHTS

  • You have the right to know what financial aid programs are available at your school.

  • You have the right to know the deadlines for submitting applications for each of the financial aid programs available.

  • 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.

  • 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 are considered in your budget.

  • 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. Discussion of parental information with the student may be withheld at the request of the parent.

  • You have the right to request an explanation of the various programs in your student aid package.

  • You have the right to know your school's refund policy.

  • You have the right to know what portion of the aid awarded is loan monies that must be repaid, and what portion is grant. 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 payback procedures, the length of time you have to repay the loan, and when repayment is to begin.

  • You have the right to know how the school determines whether you are making satisfactory academic progress and what happens if you are not.

  • You have the right to appeal your award package to the Student Financial Aid Office in writing. Appeals are reviewed on a case by case basis. Federal guideline compliance is strictly adhered to.

 

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