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 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