Financial Aid Recipient Rights & Responsibilities
As a student receiving financial aid assistance at The University of Mississippi, you have related rights and responsibilities.
You have the right to know:
- Cost of Attendance: how your student budget is developed.
- Availability of Funds & Eligibility – the financial assistance that is available to you (including all federal, state, and institutional financial aid programs) and the requirements for each award.
- Deadlines of Applications – the due dates of applications for available financial aid programs.
- Explanation of Funds – the types of aid awarded to you and their terms and conditions for renewal.
- Satisfactory Academic Progress – how the university determines whether you are meeting the standards to continue receiving federal Title IV financial aid.
- Disbursement – how and when funds are given to you.
- Federal Work Study – a description of the job, the hours you must work, the rate of pay, and how and when you will be paid.
- Student Loans – the interest rate, the total amount you must repay, when your repayment begins, the length of your repayment, and the cancellation and deferment provisions applicable to your loan(s).
- Re-evaluation of Your Eligibility – how to request a review and/or decision by the Office of Student Financial Aid concerning your aid package
- Appeals Process – how to submit an appeal for financial aid suspension or loss of a scholarship.
- Financial Need – what resources (such as parental & student contribution, other financial aid, assets, etc.) were considered in the calculation of your financial need.
- Consumer Disclosures – information about the University of Mississippi (including our academic programs, retention rates, graduation rates, crime reports, financial aid procedures and other important statistics, requirements, and services).
- Paper Copies – related to the availability of printed versions of award information and other important disclosures, upon request.
You have the responsibility to:
- Read and understand all electronic and written communication and follow up on any uncertainties.
- Complete all application forms accurately and submit them by their deadlines in the appropriate manner.
- Accept the contents of all agreements that you sign with the federal government and the university.
- Attend class and obtain the grades required to continue on aid programs.
- Be aware of the university’s withdrawal and refund policies and procedures and know the consequences of each decision you make.
- Notify the Office of Financial Aid of any change in your enrollment, housing, or financial aid status, and the receipt of any outside grants or scholarships.
- Satisfactorily perform the work agreed upon in a Federal Work Study job.
- Complete an entrance interview and an exit interview if you receive Federal student loan(s) and repay any student loans you may have borrowed.
- Monitor your Federal grants and/or loans received so that you do not exceed allowable aggregate limits.