Rights and Responsibilities
Financial Aid

You have the responsibility to:

• Complete all financial aid applications accurately and on time, provide all documentation as requested by the Financial Aid Office, and notify the office of any changes.
• Read, understand, and keep copies of all forms you are asked to sign.
• Satisfy the entrance interview requirement before any loan funds are disbursed.
• Satisfythe exit interview requirement before leaving school.
• Repay your student loans.
• Perform the work agreed upon in a FWS job.
• Understand satisfactory academic progress and monitor your progress according to those standards.
• Read all university policies regarding withdrawal from classes and the financial implications of doing such.
• Ask questions when in doubt about any of the financial aid information you receive.
• Understand the Financial Aid Certifications Statement.

You have the right to:

• Know the total costs of attending Roosevelt University, both direct and indirect expenses, and the institution’s policy on refunds if you withdraw.
• Know the financial aid available and the procedures and deadlines for applying for these programs.
• Know how your financial need and your family contribution are determined.
• Ask for recalculation if you feel special circumstances should be considered.
• Know the interest rate on any student loans, the total amount you must repay, the beginning date and length of time for repayment, and cancellation or deferment policies.
• Select the lender or your own choice.
• Know the hours, duties, pay rate, and how and when you will be paid if you have a Federal Work-Study (FWS) job.
• Know how satisfactory academic progress is determined.

Financial Aid | Forms