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Regarding financial aid, you have the right to ask a school:
  • The names of its accrediting organizations.
  • About its programs; its instructional, laboratory, and other physical facilities; and its faculty.
  • What the cost of attending is, and what its policies are on refunds to students who drop out.
  • What financial assistance is available, including information about all federal, state, local, private, and institutional financial aid programs.
  • What the procedures and deadlines are for submitting applications for each available financial aid program. 
  • What criteria it uses to select financial aid recipients. 
  • How it determines your financial need. This process includes how costs for tuition and fees, room and board, travel, books and supplies, personal and miscellaneous expenses, etc. are considered in your budget. It also includes what resources (such as parental contribution, other financial aid, your assets, etc.) are considered in the calculation of your need. 
  • How much of your financial need, as determined by the institution, has been met. 
  • How and when you will be paid. 
  • To explain each type and amount of assistance in your financial aid package. 
  • If you have a loan, you have the right to know what the interest rate is, the total amount that must be repaid, the length of time you have to repay your loan, when you must start paying it back, and any cancellation and deferment provisions that apply.

It is your responsibility to:

  • Review and consider all information about a school’s program before you enroll. 
  • Pay special attention to your application for student financial aid, complete it accurately, and submit it on time to the right place. Errors can delay your receiving financial aid. 
  • Provide all additional documentation, verification, corrections, and/or new information. 
  • Requested by either the financial aid office or the agency to which you submitted your application. 
  • Read and understand all forms that you are asked to sign and keep copies of them. 
  • Accept responsibility for any promissory note or other agreements that you sign. 
  • If you have a loan, notify the lender of changes in your name, address, or school status. 
  • Perform in a satisfactory manner the work that is agreed upon in accepting a Federal Work Study job. 
  • Know and comply with the deadlines for application or re-application for aid. 
  • Attend all classes regularly and earn satisfactory grades to qualify for future financial aid. 
  • Know and comply with your school’s refund procedures.
  • Check your Zane State College email daily