RIGHTS & RESPONSIBILITIES
With regard to financial aid, students have the right to ask:
- The cost of attendance, and the college’s policy on refunds for students who withdraw.
- All financial assistance that is available, including information on all federal, state, local, private, and institutional financial aid programs.
- The procedures and deadlines for submitting applications for each available financial aid program and how financial aid recipients are selected.
- How financial need is determined.
- The interest rates and other costs on any student loan the student has, the total amount to be repaid, the length of time for repayment, when repayment must start, and what cancellation or deferment (postponement) provisions apply.
- For a sample loan repayment schedule.
- If offered a federal work-study job, what kind of job it is, what hours the student must work, what the duties will be, what the rate of pay will be, and how and when payment will be made.
- To reconsider the financial aid package if a mistake has been made or if enrollment or financial circumstances have changed.
- How satisfactory progress is determined and what happens if the student is not making satisfactory academic progress.
- How and when the student will receive financial assistance payments.
Accepting the financial aid package offered through Gloucester County College, students accept that they must meet the following responsibilities:
- Know and meet all the deadlines for applying or reapplying for financial aid.
- Pay special attention to the financial aid application, complete it accurately, and submit it on time. Errors can delay or prevent the receiving of aid.
- Provide all documentation, corrections, and new information requested by either Office of Financial Aid or the agency to which the student applied for aid.
- Complete an entrance interview prior to receiving the first disbursement of a Federal Direct Stafford Loan.
- Satisfactorily perform the work agreed upon for a federal work-study job, if the student has one.
- Understand the College’s refund policy. If the student withdraws from school within a short time after starting classes, the student may be entitled to a partial reduction of educational charges. After a certain date, charges will not be reduced.
- Read, understand, and keep copies of all forms the student is asked to sign.
- Notify the College of any information that has changed since the student applied for financial aid.
- Notify the College of a change in name, address, or attendance status (half-time, full-time, etc.). Students who have loans must also notify their lenders of these changes.
- Complete an exit interview if the student has a federal education loan.
- Repay any student loans. When the student signs a promissory note, the student agrees to repay any loans.