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Award Information - Your Rights and Responsibilities
Student Rights
As a student applying for or receiving financial aid, you have the right to know:
- The procedures and deadlines for submitting applications for each financial aid program.
- What portion of financial aid received must be repaid. If the aid is a loan, you have the right to know the interest rate, the total amount to be repaid, the repayment procedures, when repayment begins, and how much time you will have to repay the loan.
- How to appeal any decision concerning your financial aid.
- How eligibility is determined, including the cost of education, and how aid is awarded.
Student Responsibilities
As a student applying for or receiving aid, it is your responsibility to:
- Choose an academic program and become familiar with the requirements.
- Complete all application forms accurately and submit them on time.
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Read and follow instructions when submitting documents, corrections, or additional information to Lane or other agencies.
- Read, understand, and keep a copy of any form you are asked to sign.
- Perform all work agreed upon after accepting a Federal Work Study job. See that the hours worked each month are correctly reported and that the amount earned does not exceed the maximum award each term.
- Maintain Satisfactory Academic Progress to continue receiving aid.
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