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Rights & Responsibilities of Aid Recipients
What are my rights and obligations?
As a consumer of a commodity (financial aid for higher education), you have certain rights to which you are entitled, and certain obligations for which you are responsible.
You have the right to know:
- What financial aid assistance is available, including information on federal, state, and institutional financial aid programs.
- The deadlines for submitting applications for financial aid programs.
- The cost of attending WVU, and the University's refund policy.
- The criteria used by WVU to select financial aid recipients.
- How WVU determines your financial need.
- What resources (such as parental contribution, other financial aid, your assets, etc.) are considered in the calculation of your financial need.
- How much of your financial need, as determined by WVU, has been met.
- WVU's awarding policy. If you believe you have been treated unfairly, you may request reconsideration of the award.
- What portion of the financial aid you receive is loan, and what portion is gift aid. If there is a loan, you have the right to know what the interest rate is, the total amount that must be repaid , the repayment procedures, the length of time you have to repay the loan, and when repayment is to begin.
- How WVU determines whether you are making satisfactory academic progress , and what happens if you are not.
It is your responsibility to:
- Review and consider all information about WVU before you enroll.
- Complete all application forms accurately, and submit them on time to the right place.
- Pay special attention to, and accurately complete your application for student financial aid. An error can result in delays. Intentional mis-reporting of information on for federal financial aid purposes is a violation of law and is considered a criminal offense, subject to penalties under the U. S. Criminal Code.
- Return any requested documentation, verification, corrections, and/or new information requested by the Financial Aid Office.
- Read all forms that you are asked to sign, and keep copies of them.
- Accept responsibility for any agreements you sign.
- Notify the Financial Aid Office of changes in your name, address or enrollment status. (Applies to loan recipients who leave WVU).
- Perform any work agreed upon when accepting Federal Work Study employment.
- Know and comply with Financial Aid deadlines for application or renewing aid.
- Notify the Financial Aid Office in advance when your course load at the University will be less than full-time. Failure to do so could cause a delay in receiving funds and/or create over-awards which would have to be repaid.
- Notify the Financial Aid Office of any changes in your financial status.
- Maintain satisfactory academic progress . Withdrawing from WVU, or never attending classes can result in termination of financial aid, and may also involve partial or full repayment of disbursed aid for that semester.
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