Financial Aid Handbook - Elizabethtown College

Rights and Responsibilities
Student Rights: Students applying for financial aid
have the right to:
• apply for all funds
• review their financial aid file
• accept or decline any aid offered
• appeal cancellation of financial aid
• review the rules, regulations manuals and
policies pertaining to financial aid
• make an appointment to meet with a
member of the Financial Aid Office
• know what financial aid programs are
available at Elizabethtown College
• know the deadlines for submitting
applications for each of the financial aid
programs
• know how financial aid is distributed, how
decisions on that distribution are made and
the basis for these decisions
• know how their financial aid was
determined—this includes how costs
for tuition and fees, room and board,
travel, books and supplies, personal
and miscellaneous expenses, etc., are
considered in their budget.
• know what resources (such as parental and
student contributions) are considered in the
calculation of financial need
• know how much of their financial
need has been met
• apply for supplemental financing in a timely
manner after aid has been determined
• request an explanation of the various
programs in their financial aid package
• know the College’s refund policy
• know what portion of the financial aid they
receive must be repaid and what portion
is gift aid—if the aid is a loan, they have the
right to know the rate of interest, the total
amount that must be repaid, the length of
time for repayment, and when repayment
begins.
• know how the College determines whether
they are making satisfactory academic
progress and what happens if they are not
Student Responsibilities: Students receiving financial aid must assume
responsibility for maintaining their aid from semester to semester. If the following
criteria are not met, financial aid will be cancelled. Students must:
• complete all application forms accurately and submit them on time to the
proper office or agency
• provide correct information—in most instances, deliberately misreporting
information on a financial aid application is a violation of law and may be
considered a criminal offense which may result in indictment under the U.S.
Criminal Code.
• return all additional documentation, verification, corrections and/or new
information requested by either the Financial Aid Office or the agency to
which they submitted their application
• be responsible for reading and understanding all forms they are asked to
sign and for keeping copies of all financial forms
• accept responsibility for all signed agreements
• be aware that if they are convicted of a drug-related offense, they may lose
eligibility for federal student aid and they may be liable for returning any
financial aid received during a prior period of ineligibility
• perform the work that is agreed upon in accepting a College employment
assignment
• maintain satisfactory academic progress
• notify the Financial Aid Office when family financial circumstances change
• be aware of the College’s refund policy
• notify the Counseling Center when withdrawing from the College and
complete an exit interview with the Financial Aid Office
• submit a written request to the Financial Aid Office if they wish to review their
financial aid file
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