Rights and Responsibilities

Student Rights and Responsibilities of Financial Aid

Students have the right to ask the following questions:

  • What financial assistance is available, including information on federal, state, and institutional financial aid programs?What the cost of attendance is and what the policies are for students who withdraw?
  • What criteria are used to select financial aid recipients and what the deadlines are for submitting applications?
  • How financial need is determined? The process includes how costs for tuition and fees, room and board, books and supplies, personal and miscellaneous expenses, etc. are considered in a budget.
  • What resources (such as family contribution, other financial aid, assets, etc.) are considered in calculating financial need?
  • For an explanation of the various funds in their financial package, what portion of the aid received must be repaid and what portion is grant aid?
  • How academic progress is determined and what happens if they are not making progress?

Students are responsible for many items:

  • Reviewing information about programs at GCC before enrolling;
  • Completing a financial aid application accurately and on time. (Intentional misreporting on the application forms for federal financial aid is a violation of law and is considered a criminal offense subject to penalties under U.S. Criminal Code. Students must file a Free Application for Federal Student Aid (FAFSA) every year;
  • Submitting all additional documentation, verification, corrections and/or new information requested;
  • Reading and understanding all forms they are asked to sign and keeping copies of them. Accepting responsibility for all agreements signed;
  • Informing the loan holder of changes in their name, address, or enrollment status if the student has borrowed a FFELP or Direct loan;
  • Performing work in a satisfactory manner during participation in the Federal College Work-Study Program;
  • Knowing and complying with deadlines for application and renewal application;
  • Knowing and complying with refund procedures;
  • Attending classes.