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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. 15614.

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