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Rights & Responsibilities

FINANCIAL AIDCOST OF ATTENDANCETYPES OF AID ACADEMIC SCHOLARSHIPS DONOR TRUSTS SCHOLARSHIPS VERIFICATION TERMS OF THE AWARDFAFSA FINANCIAL AID FORMS POLICIES & PROCEDURES RIGHTS & RESPONSIBILTIES CONSUMER INFORMATION NEWS AND ANNOUNCEMENTS CODE OF CONDUCTFINANCIAL LITERACY APPLY FOR PUBLIC SERVICE LOAN PROGRAM STUDENTS COMPLAINTS AND GRIEVANCE CONSTITUTION DAYFAQS

The benefit of financial aid at any institution requires students to be knowledgeable about their rights and responsibilities as borrowers. We’ve compiled a list to help students at ASU better understand these rights and responsibilities:

Students Have the Right to Know

  • The names of organizations which accredit and license the University
  • The University’s programs, instruction, laboratories, physical facilities, and faculty
  • The cost of attending the University and its refund policy
  • The type of financial assistance offered by the University from federal, state, local, and private programs
  • Who the financial aid personnel are and the location of the Financial Aid Office
  • What the procedures and deadlines are for applying for financial aid
  • How the University selects its financial aid recipients
  • How the University determines financial need
  • How much financial need has been met
  • How financial aid is received
  • About each type of financial assistance offered. Information about all student loans offered
  • The kind of Work-Study jobs offered, hours, duties, rate, and frequency of pay
  • When and how financial aid awards are adjusted
  • About special facilities for the handicapped
  • The University’s Satisfactory Progress Policy

Students Have the Responsibility to

  • Review and consider all information about the University before enrolling 
  • Pay special attention to the application for financial aid, complete it accurately, submit it on time and to the right place
  • Know all deadlines for applying for aid and meet them
  • Provide all required documentation, corrections, and/or information requested by the Financial Aid Office
  • Notify the University of any information that has changed since the financial aid application was submitted
  • Read, understand, and keep copies of all forms
  • Repay any student loans borrowed
  • Perform an entrance and exit interview
  • Notify the Financial Aid Office of a change in name, address, or enrollment status (half-time, full-time, three-quarter-time)
  • Satisfactorily perform the work agreed upon in a Federal Work-Study job description
  • Understand the University’s refund policy