Rights & Responsibilities
As a student financial aid recipient, it is your responsibility to:
- Complete and submit application materials to the appropriate agencies with required or recommended time frames.
- Read all information 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, Federal Supplemental Educational Opportunity Grant, or Federal TEACH Grant due to repayment.
- Provide additional documentation/information if requested by the Financial Aid Office.
- Comply with the provisions of any promissory note and all other agreements you sign.
- Complete the registration process each semester by the end of the drop/add period in order to ensure availability of all student aid funds you are eligible for.
- Use student financial aid proceeds solely for direct educational costs and related living expenses.
- Know the implications that dropping a course or withdrawing from Castleton will have on your student financial aid.
- Students who are receiving Federal Financial Aid funds must make satisfactory academic progress towards completing their degree in a timely manner. You must meet these minimum requirements in order to participate in the federal aid programs.
- All F-grades - Student financial aid recipients who complete a semester receiving all F-grades as a result of non-attendance will have their aid adjusted according to federal regulations and will be required to repay part or all of the federal/state student aid funds received.
- Students receiving all F-grades who have borrowed under the Federal Direct Loan and or Federal Grad PLUS Loan programs will be required to complete a Federal Direct Loan/Grad PLUS Loan Exit Interview.
- Report private sources of student financial aid to Financial Aid Office and submit a copy of your outside scholarship notifications to the Financial Aid Office.
- Reapply for financial aid on an annual basis.
- Keep your local and permanent addresses current with Financial & Registration Services.
As a student financial aid recipient, you have the right to:
- Know the correct procedures for applying for student financial aid, your cost of attendance, and the types of aid available.
- Know how financial need is determined, what the criteria are for determining eligibility for aid, how academic progress is determined, and what you have to do to continue receiving aid.
- Know the type and amount of assistance you will receive, how much of your need has been met, and how and when you will receive your aid funds.
- View the contents of your student financial aid file, in accordance with the Family Educational Rights and Privacy Act.
- Know the conditions of any loan you accept.
- Know the terms, conditions, and pay rate for any student job you accept under the Federal Work Study Program.
- Request a review of your aid award if you believe a mistake has been made, or if your enrollment status, or family and/or financial circumstances have changed.