Rights of a Financial Aid Recipient

You have the right to accept, reject, or seek adjustment to your financial aid award(s).

You have the right to know how much aid you will receive, how it is distributed, the criteria for the distribution, and when it will be disbursed to your bursar account.

You have the right to know how your financial need was determined and what resources were considered in the calculation of your financial need.

You have the right to know the University's refund policy as well as the Federal Title IV financial aid refund policy.

If you are offered a loan, you have the right to know the interest rate, the total amount to be repaid, the repayment procedures, the length of time you have to repay the loan, and when repayment begins.

You have the right to review your financial aid file and seek financial aid counseling with SFA's professional staff.

You have the right to submit to SFA a written appeal requesting reconsideration of your financial aid eligibility. If there has been a substantial loss of family income or benefits since you filed your FAFSA, you should contact SFA and request a Special Consideration Application.

Responsibilities of a Financial Aid Recipient

You are responsible for providing documentation and information requested by SFA.

You are responsible for notifying SFA in writing if you receive aid from sources not listed on the front of your award letter, your residency status changes, or your application or other information is incorrect.

You are responsible for attending classes and completing requirements for all courses in which you enroll.

You are responsible for repayment of all loans in accordance with the terms of your promissory notes. You must notify your lender if any of the following occurs before your loan is repaid: change of address, graduation, withdrawal from the University or less than half-time attendance, name change, and transfer to another post-secondary institution.

You are responsible for maintaining satisfactory academic progress.

You are responsible for keeping copies of your financial aid records.

You are responsible for reapplying for financial aid each year.

Consumer Information

The following links contain information to explain the financial aid process and to meet regulatory mandates.

Information on scams, suggestions for preventing identity theft, and resources on how to report identity theft involving federal education dollars:
http://www.ed.gov/misused

Available need-based and non-need based federal,state,school,local and private financial aid programs available to students:
http://www.bgsu.edu/offices/sfa
http://studentaid.ed.gov/students/publications/student_guide/index.html
http://regents.ohio.gov/sgs/index.php
http://www.students.gov/

How students apply for financial aid and how eligibility is determined:
http://www.bgsu.edu/offices/sfa/
http://www.finaid.org/

How the school distributes financial aid among students, the rights and responsibilities of students financial receiving aid:
http://www.bgsu.edu/offices/sfa/

How and when financial aid will be disbursed:
Aid "Disbursement" to your Bursar Account:

The terms and conditions of any employment that is part of the financial aid package:
SFA Employment web page

The terms of, schedule for, and the necessity of student loan repayment and required loan exit counseling:
http://www.bgsu.edu/offices/sfa/
http://www.ed.gov/DirectLoan

The criteria for measuring satisfactory academic progress, and how a student who has failed to maintain satisfactory progress may reestablish eligibility for federal financial aid:
Satisfactory Academic Progress

Information on preventing drug and alcohol abuse:
http://www.bgsu.edu/offices/safety/drugs.html
http://www.bgsu.edu/offices/sa/health/wellness/index.html

Information regarding the availability of SFA program funds for study abroad programs; and that students eligible for SFA program funds for attending a study abroad program that is approved for credit by the home school:
http://educationabroad.bgsu.edu/

The terms and conditions under which students receiving federal education loans may obtain deferments while serving (a)in the Peace Corps; (b) under the Domestic Volunteer Service Act; and demonstrated effectiveness in the field of community service:
Visit DLSSOnline