Student Rights and Responsibilites
As a Butler University student, you are entilted to certain
rights pertaining to your financial aid. However, you also must
take on the responsibility as a student financial aid
applicant.
You have the right to ask:
- What financial assistance is available, including federal,
state and institutional financial aid programs.
- What the deadlines are for submittiing financial aid
applications.
- What the cost of attendance is and what the policy is on
refunds if you withdraw.
- What criteria are used to select financial aid recipients and
how it determines your financial aid eligibility. This process
includes how costs for tuition, fees, room and board, books and
supplies, and personal and miscellaneous expenses are considered in
your budget.
- What resources (such as parental contribution, other financial
aid and your assets, etc.) are considered in calculating your aid
eligibility.
- How much of your financial aid eligibility has been sent.
- For an explanation of the various programs in your financial
aid package.
- What financial aid must be repaid and what is grant aid. If the
aid is a loan, you have the right to know what the interest rate
is, the amount that must be repaid, payback procedures and the
length of time you have to repay the loan and when repayment
begins.
- What the policy is on satisfactory academic progress.
It is your responsibility to:
- Read all documents you are sent regarding your application for
assistance and contact the Office of Financial Aid in writing if
corrections are needed.
- Review and consider all information about a school's program
before you enroll.
- Pay special attention to your application for student financial
aid, complete it accurately and submit it on time to the right
place. (Intentional misreporting of information on application
forms for federal financial aid is a violation of the law and is
considered a criminal offense subject to penalties under the U.S.
Criminal Code.)
- Return all requested documentation in a reasonable length of
time.
- Know and comply with the deadlines for application or
reapplication for financial aid.
- Accept or decline the financial aid offered within three weeks
of notification.
- Read and understand all forms you are asked to sign and keep
copies of them.
- Accept responsibility for all agreements you sign.
- Notify your lender of changes in you name, address or school
status.
- Perform in a satisfactory manner the work that is agreed upon
in accepting a Federal Work-Study Award.
- Know and comply with your school's refund procedures.