Know the deadline for submitting applications for each of the programs available;
Be informed of financial aid policies and procedures;
Know how your financial eligibility was determined and what resources (such as your income, assets, parental contribution and other resources) were considered in the calculation of need;
Know what portion of your financial aid must be repaid, and what portion is gift or aid received from work;
Know how the Financial Assistance Office determines whether you are making satisfactory academic progress and what the consequences are if you are not;
Request an explanation of the various programs in your financial aid package;
Know the terms of any loans you receive, and your deferment, cancellation and forbearance rights.
You Have The Responsibility To:
Maintain satisfactory academic progress.
Complete all application forms accurately and submit them on time;
Provide correct information. Misrepresentation of information on financial aid applications is a violation of federal law and may be a criminal offense (see section on Fraud);
Report any change in the information used to determine your eligibility, including name, family size, or financial resources;
Return all documentation, verification, corrections, and/or new information requested by either the Financial Assistance Office or the agency to which you submitted your application, in a timely manner;
Read and understand all forms that you are asked to sign and keep copies of them;
Accept responsibility for all agreements that you sign;
Perform the work that is agreed upon in accepting a Federal Work-Study award in a satisfactory manner;
Notify the Financial Assistance Office immediately if you withdraw from school or reduce enrollment below six units.
Be aware of repayment procedures;
Attend a loan orientation workshop prior to applying for a loan and complete an online exit interview prior to receiving your second disbursement, graduation, dropping below six units, or leaving Western Nevada College;
If you are a recipient of a student loan, notify your lender and the Financial Assistance Office of changes in your enrollment status;
Repay all loans including the interest on those loans;
File all required student loan deferment forms on time.