|
Student Consumer Rights and Responsibilities
Students have the right to ask:
- What financial assistance is available, including information on all Federal, State and institutional financial programs.
- What the deadlines are for submitting applications for each of the financial aid programs available.
- What the cost of attending is, and what the refund policy is.
- What criteria are used to select financial aid recipients.
- How financial need is determined. This process includes how costs for tuition and fees, room and board, travel, books and supplies, personal and miscellaneous expenses, etc., are considered in each budget.
- What resources (such as parental contribution, other financial aid, assets, etc.) are considered in the calculation of need.
- How much financial need, as determined by the institution, has been met.
- About the various programs in the student aid package. If the students believe they have been treated unfairly, they may request reconsideration of the award which was made.
- What portion of the financial aid received must be repaid, and what portion is grant aid. If the aid is a loan, the students have the right to know what the interest rate is, the total amount that must be repaid, the payback procedures, the length of time to repay the loan and when the repayment is to begin.
- How the school determines whether the students are making satisfactory academic progress, and what happens if the students are not.
Student Responsibilities
- Review and consider all information about a school's program before enrolling.
- Pay special attention to the application for student financial aid. Complete it accurately and submit it on time to the right place. Errors can result in long delays in the receipt of financial aid. Intentional misreporting of information on application forms for Federal financial aid is a violation of law and is considered a criminal offense subject to penalties 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 the application was submitted.
- Accept responsibility for all agreements signed.
- If the student has a loan, notify the lender of changes in name, address, or school status.
- Perform in a satisfactory manner the work that is agreed upon in accepting a Federal Work-Study award.
- Know and comply with the deadlines for application or reapplication for aid.
- Know and comply with the College's refund procedures. All students receiving Federally funded financial aid or any other aid administered by Piedmont Community College should be aware that their financial assistance is conditional upon maintaining good standing and satisfactory academic progress, as outlined in the Academic Regulations Section.
Violations of Piedmont Community College's Code of Conduct are grounds for loss of all
federally funded and school administered financial aid. Failure to maintain satisfactory
academic progress will result in the student's being placed on academic probation and a
possible loss of financial aid. Piedmont Community College may, at its discretion,
require payment of financial aid prorated for the time remaining in an award period.
Financial aid may be reinstated upon regaining good standing and maintaining satisfactory
academic progress.
|