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Policies and Procedures

Policies and Procedures

Each year, Fisher College students request student financial assistance to help defray the cost of education. Federal, state, and institutional resources form a partnership with your (and your family's) own commitment to meet your educational costs.

As a student financial aid recipient and partner in this partnership you have a number of responsibilities and rights:
 
Responsibilities
  • Complete and submit application materials to the appropriate agencies within required or recommended timeframes.
  • Read all materials sent to you from the Financial Aid Office and other agencies awarding you aid.
  • Read, understand, and keep copies of all forms you sign.
  • Know and comply with the rules governing the aid you receive. These rules include but are not limited to:
    • You must not be in default on any prior educational loan.
    • You must not owe a refund on a Federal Pell Grant or a Federal Supplemental Educational Opportunity Grant due to repayment.
  • Provide additional documentation, federal tax transcripts, W-2's, and any additional information if requested by the Financial Aid Office.
  • Comply with the provisions of any promissory note and all other agreements you sign including repaying your student loans.
  • Complete the registration process each term by the end of the drop/add period in order to ensure availability of all student aid funds you have been awarded. Note: Most aid programs are limited and may be subject to cancellation if your registration process is not completed.
  • Use student financial aid proceeds solely for direct educational costs and related living expenses.
  • Maintain satisfactory academic progress.
  • Report private sources of student financial aid to the Financial Aid Office.
  • Report any changes in your status: marital, academic, enrollment, residential, or name status.
  • Keep your local and permanent addresses current with the College Registrar and the Financial Aid Office.
Rights
  • Have all records and data submitted with your application for financial aid treated as confidential information, as prescribed by the Family Education Rights and Privacy Act (FERPA).
  • Have an explanation of the award process.
  • Be notified of changes in your financial aid status and the reasons for those changes.
  • Know the conditions of any loan you accept.
  • Know the terms, conditions, and pay rate for any student job you can accept.  

Policies