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Financial Aid for Undergraduate Students

Rights and Responsibilities

Student Rights Student Responsibilities
To know what financial assistance programs are available. To complete all application forms accurately and submit them on time to the correct place.o
To know the deadlines for submitting applications for each of the financial assistance programs available. To provide correct information; misreporting information on financial assistance application forms is a violation of law and may be considered a criminal offense that could result in indictment under the U.S. Criminal Code.
To know how financial assistance will be distributed, how decisions on that distribution are made and the basis for these decisions. To return all additional documentation, verification, correct and/or new information requested by either the Financial Aid Office or the agency to which applications are submitted.
To know how financial need was determined. To read and understand all forms that the student is asked to sign and to keep copies of them.
To know what resources (such as parental contribution, other financial assistance and assets) were considered in the calculation of financial need. To accept responsibility for all agreements signed.
To know how much financial need as determined by the institution has been met. To perform the work that is agreed upon when accepting a work-study program award.
To request an explanation of the various programs in student aid packages. To be aware of and comply with the deadlines for application or reapplication for aid.
To know the school's refund policy. To be aware of the school's refund procedures.
To know the payback procedures for the financial assistance To consider carefully information provided by the school to prospective students about its programs and performance before deciding to attend the school.
To know how the school determines satisfactory progress and what happens if satisfactory progress is not made. To repay immediately upon demand all financial assistance over awards or misappropriations.
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1200 W. University Ave
Mitchell, SD 57301
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Last updated: 7/10/12