Rights and Responsibilities of Students on Financial Aid

As a recipient of financial aid, there are certain rights and responsibilities of which students should be aware. These rights and responsibilities of students on financial aid are as follows.

Students have the right to know the:

• Financial aid programs available at VUSM, including how a student applies for student aid.
• Criteria used to select recipients and calculate need.
• Cost of attendance, VUSM refund, return of Title IV funds, and withdrawal policy.
• Academic programs offered.
• Accreditation status.
• Student retention and completion data.
• SFS policies surrounding satisfactory academic progress.
• Special facilities and services available for the handicapped.
• Campus security statistics and crime prevention programs.
• Rights under FERPA.

Students should see The Catalog and the Student Handbook.

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 Student Records 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.