Rights & Responsibilities

Rights and Responsibilities of Financial Aid Recipients

As a student financial aid recipient, you have a number of rights and responsibilities.

Students have the right to know the:

  • Financial aid programs available at Midwestern University, including how a student applies for student aid.
  • Criteria used to determine financial aid eligibility and calculate need.
  • Terms and conditions of all awards made by SFS.
  • Cost of Attendance, Student Refund, Return of Title IV funds, and Withdrawal policy.
  • Interest rate of your loan, the total amount to be repaid, repayment procedures, when payment begins and the length of the repayment period.
  • Procedure for reducing or cancelling your student loan.
  • Academic programs offered.
  • Accreditation status.
  • Student retention and completion data.
  • Student Financial Services policies surrounding satisfactory academic progress.
  • Special facilities and services available for the handicapped.
  • Campus safety and security statistics and crime prevention programs.
  • Rights under Family Education Rights and Privacy Act (FERPA).

Students are responsible for:

  • Completing all forms accurately and by the published deadlines.
  • Submitting information requested by Student Financial Services staff in a timely manner.
  • Keeping Student Financial Services and the Registrars Office informed of any changes in address, name, marital status, financial situation, or any change in student status.
  • Reporting to Student Financial Services any additional assistance from non-University sources such as scholarships, loans, fellowships, and educational benefits.
  • Notifying Student Financial Services of a change in enrollment status.
  • Maintaining satisfactory academic progress.
  • Re-applying for aid each year

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