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SMC|Enrollment Development|Financial Aid and Scholarships|Rights and Responsibilities

Rights and Responsibilities

YOU HAVE THE RIGHT TO:

  • Know what financial aid programs are available;
  • Know the deadline for submitting applications for each of the programs available;
  • Be informed of financial aid policies and procedures;
  • Know how your financial need was determined and what resources (such as your income, assets, parental contribution, and other financial aid) were considered in the calculation of need;
  • Know how much of your financial aid eligibility has been met as determined by the Financial Aid Office;
  • Know what portion of your financial aid must be repaid, and what portion is gift or aid received from work;
  • Know how the financial Aid Office determines whether you are making satisfactory academic progress and what the consequences are if you are not;
  • Know that the SMC Financial Aid Office strictly adheres to the Family Educational Rights and Privacy Act (FERPA)--which protects the privacy of student educational records. (Parents may request information as to which records FERPA allows them to inspect and review.)
  • Know that SMC Financial Aid strictly guards the confidentiality of your information.
  • 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:

  • 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;
  • Return all documentation, verification, corrections, and/or new information requested by either the Financial Aid 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;
  • Repay all loans including the interest on those loans;
  • Perform the work that is agreed upon in accepting a Federal Work-Study award in a satisfactory manner;
  • Be aware of refund and repayment procedures;
  • If you are a recipient of a student loan, notify your lender and Santa Monica College of any changes of address, name and/or enrollment status;
  • If you have a loan, attend an annual Loan Exit Interview;
  • File all required student loan deferment or cancellation forms on time;
  • Report any change in the information used to determine your eligibility, including name, family size, or financial resources;
  • Notify the Financial Aid Office immediately if you withdraw from school or reduce enrollment.
  • Have transcripts sent directly to the Financial Aid Office. Student issued transcripts even if sealed WILL NOT
    be accepted
    .
          This information can also be found in the Santa Monica College, Financial Aid Handbook.