Rights & Responsibilities

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Rights and Responsibilities of Financial Aid Recipients

Students have the right to:

  • seek financial aid counseling.
  • know their financial aid award is based on calculated financial need. Financial need is determined by a federal formula established by the U.S. Congress and the Financial Aid Office. Need is defined as the difference between the cost of attending school and the Expected Family Contribution (EFC).
  • know terms of federal, state and institutional financial aid programs.
  • accept, decline, reduce or seek adjustments to their financial aid and be considered in an equitable and consistent manner. 
  • know their amount of aid and when it will be disbursed.
  • know how eligibility can be restored for those who have been declared ineligible due to unsatisfactory academic progress.
  • request an appeal of any decision concerning their financial aid award.
  • employ their rights under FERPA.
  • access their financial aid data.
  • know about retention and completion data.
  • know about special facilities and services available for physical, mental or cognitive disabilities.
  • know about campus security statistics and crime prevention programs. 
  • know about accreditation status.
  • know about financial aid policies surrounding Satisfactory Academic Progress requirements and Academic Progress Requirements
  • know about cost of attendance, refunds, return of Title IV funds and the withdrawal policy.

Student have responsibilities to:

  • be accepted and enrolled in a degree or certificate program.
  • complete the Free Application for Federal Student Aid (FAFSA) by the priority deadline date annually to receive federal, state and institutional funds.
  • be enrolled for all courses by the Essential Deadlines each term.
  • notify the Financial Aid Office of any change in information submitted such as:
    • withdrawal from school;
    • change of enrollment;
    • change in name;
    • financial information;
    • defaulting on and/or owing a refund of Title IV funds to any institutions.
  • comply with Satisfactory Academic Progress. and Academic Progress Requirements.
  • know their financial aid is intended for educational expenses.
  • understand that partial or full withdrawal will result in repayment of federal, state and/or institutional funds. Any aid refunds not repaid will cause the loss of further eligibility.
  • complete required entrance and exit interviews and repay all loans according to the terms of their promissory note and truth-in-lending statement forms.
  • abide by Century College Policy and Student Conduct Code.
  • attend classes and complete course requirements to remain eligible for financial aid.