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Financial Aid Policies and Procedures | Conditions of Loans and Employment | Rights Under FERPA Act 34 §99.7 |
Other | As a student, you also have the following responsibilities

In addition to the information provided here, you may also ask for and receive information on the following:

Financial Aid Policies and Procedures:

  • What financial assistance is available.
  • Correct procedures for applying for financial aid.
  • Deadlines for submitting financial aid applications.
  • How financial aid is determined.
  • How Cost of Attendance is determined.
  • How academic progress is determined.
  • Requirements to continue receiving financial aid.
  • How to reestablish eligibility if satisfactory academic progress was not met.
  • What type and amount of assistance you will receive, how much of your need has been met, and how and when the funds will be dispersed.
  • What Dana College’s refund policy is.

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Conditions of Loans and Employment:

  • Conditions of any loan you accept.
  • Duties for any job you accept.
  • Rate of pay for any student job you accept.
  • Number of hours needed to work to earn your campus employment award.
  • Payment for employment is made on the 15th of each month for work during the previous month.

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Rights Under FERPA Act 34 CFR §99.7:

  • Right to and procedures for inspecting and reviewing student’s education records.
  • Right to and procedures for requesting amendment of student’s education records student/parent believes to be inaccurate, misleading, or in violation of student’s privacy rights.
  • Right to consent to disclosure of personally identifiable information contained in student’s education records.
  • Right to file a complaint with ED for alleged school or educational agency failure to comply with FERPA requirements.
  • Right to the criteria used to determine what constitutes a school official and a legitimate educational interest if school’s or educational agency’s policy is to disclose personally identifiable information from student’s education records under §99.31 without prior consent.

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Other:

  • FFEL/Direct Loan deferments for Peace Corps or volunteer service (available at the Business Office).
  • Completion/graduation rate and, if applicable, transfer-out rate (available at the Registrar’s Office).
  • Campus security report (available from the VP for Business Affairs).
  • Report on athletic program participation rates and financial support data (available from Athletic Director).

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As a student, you also have the following responsibilities:

  • Review all information about financial aid programs at Dana College, complete all application materials accurately, and submit them by the appropriate deadlines.
  • Remain a full-time student if receiving Dana College grants, scholarships, or employment.
  • Know and comply with the rules governing the aid you receive, including specific scholarship requirements.
  • Read and understand all forms that are sent to you and keep copies of forms that you sign.
  • Budget your financial aid and other resources to meet your expenses throughout the academic year.
  • Use financial aid only for educational expenses related to your attendance at Dana College.
  • Make a payment on your student account for any amount not covered by financial aid.
  • Be aware that estimated financial aid will not be credited to your Business Office balance.
  • Be aware that the Business Office may not allow you to register for classes if you owe a balance from a previous term.
  • Notify the Financial Aid Office of any resources and assistance you receive that is not included on your award letter.
  • Notify the Financial Aid Office of changes in credit hours taken and housing arrangements.
  • Receive entrance counseling for first-year, first-time students at Dana College prior to receiving the first disbursement of the loan.
  • Receive exit counseling if you borrowed a federal student loan while attending Dana College prior to graduating or otherwise leaving school.
  • Repay the principal and interest on all student loans borrowed.
  • Transfer students must request deferments from their lender(s).

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This page was last modified on February 14, 2006