Student's Rights and Responsibilities

STUDENT'S RIGHTS

I have the right to know what student financial aid programs are available at AVERETT.

I have the right to know the deadlines (if any) for submitting applications for each financial aid program.

I have the right to know how my financial need was determined, including how various expenses in my budget are considered.

I have the right to know what resources are considered in the calculation of my awards.

I have the right to request an explanation of the various programs in my financial aid package.

I have the right to consult with persons in the Financial Aid Office concerning my application for assistance, budgeting and/or financial problems which might arise.

I have the right to cancel any loan proceeds received via EFT up to fourteen days after the credit has been applied.

STUDENT'S RESPONSIBILITIES

I will check my AVERETT e-mail on a regular basis.

I must complete all application forms accurately and submit them on time to the appropriate office.

I must provide correct information. In most instances, mis-reporting information on financial aid forms is a violation of federal law and may be a criminal offense, which could result in indictment under the U.S. Criminal Code.

I must provide any additional documentation, verification information, or corrections requested by the Financial Aid Office or the agency to which I submitted my application before any funds will be disbursed.

I am responsible for reading, understanding, and retaining copies of all forms I am asked to sign.

I must accept responsibility for all agreements I sign.

I am responsible for knowing the sources of financial aid, which I receive and whether the aid is a loan, grant, or scholarship. If the aid is a loan, I must know to whom repayment is to be made and the terms of repayment.

I must keep the Financial Aid Office informed of my correct address at all times - while I am in school and after graduation - while any loans are outstanding.

It is my responsibility to inform the Financial Aid Office of any change in my student or financial status. This includes, but is not limited to: marriage, divorce, childbirth, employment of spouse, parents, or etc, myself.

It is my responsibility to complete an exit interview online at Entrance/Exit Counseling, prior to my separation from AVERETT either by graduation or withdrawal.

I have read and understand the Rights and Responsibilities portion of this application, and:

I authorize AVERETT to disburse any grant funds processed by EFT (Electronic Funds Transfer) to my school account.

I authorize AVERETT to disburse any loan funds processed by EFT (Electronic Funds Transfer) to my school account.


For more information, visit the Financial Aid Office, e-mail us at finaid@averett.edu or call us at 1-800-AVERETT ext. 5890.