Student Aid Recipient Rights and Responsibilities

As a recipient of financial aid, students have certain rights and responsibilities they should exercise. Knowing them will put you in a better position to make decisions about your educational goals and how to achieve them.

As a financial aid recipient, you have the right to:

Speak with a financial aid professional regarding counseling.
Know what financial assistance is available to you, how to apply for aid and the deadlines for submitting an aid application.
Have your eligibility for financial aid be determined in an equitable manner consistent with federal regulations and university policies.
Know how aid is calculated, including what resources (such as assets, earnings, parental contribution, etc.) were considered in the calculation of your student aid index (SAI).
Be considered for all federal, state, and institutional aid programs for which you qualify as long as funds are available.
Understand how your financial aid eligibility was calculated.
Notification of your financial aid offer and any adjustments.
Request a review of your financial aid offer if your financial situation has changed since filing the current aid year financial aid application.
Know the cost to attend, (including fees, books, housing and food, personal expenses, cost of first professional licensure, and transportation).
Understand the school's disbursement and refund policy as well as the Federal Return of Title IV funds policy.
Know the criteria for continued financial aid eligibility, including the criteria for maintaining Satisfactory Academic Progress (SAP) as well as how to reestablish eligibility after failing SAP.
Request to cancel all or any portion of a federal loan disbursed to you up to 14 days after disbursement.
Understand the terms, conditions and requirements of any loan you are offered or accept. Access to your loan servicer and sample loan repayment schedules.
Have access to information about your student loan debt burden.
Understand the job description, rate and conditions of employment at a Federal Work Study Position.
Expect that your financial records, your parents’ financial records, and your financial aid offer information be kept confidential in accordance with the Federal Education Right to Privacy Act.

As a financial aid recipient, you are responsible for:

Providing complete and accurate information on which we base your eligibility for aid. Misreporting information on financial aid application forms is a violation of law and may be considered a criminal offense.
Completing and submitting all document requirements in a timely manner, and by the posted deadlines.
Reading and understanding all forms that you are asked to sign and maintain copies for your records.
Using the aid offered for educationally related expenses as defined in the estimated student cost of attendance.
Reporting additional sources of financial assistance such as scholarships, stipends, and tuition waivers.
Maintaining the same enrollment level throughout the semester and notifying the Financial Aid Office if your enrollment changes mid semester.
Notifying the registrar and financial aid office if you withdraw from school.
Reporting any change in your status, including informing the university and your loan servicer of changes in your name, address, social security number, and graduation date. Changes to enrollment level, living arrangements, etc.
Completing loan entrance counseling upon acceptance of a federal direct loan at DBU and completing exit counseling about loan repayment when you graduate or leave the university.
Repaying any loan you receive.
Reporting any portion of grants and scholarships that exceed tuition, fees, books, and supplies as taxable income when filing your tax return.
Being aware of and complying with the deadlines for reapplication of aid each academic year.
Provide all documents requested by the Financial Aid Office in a timely manner to avoid a delay in processing your aid.

As a student loan borrower, you have the right to:

Information about your loan obligation, loan consolidation and refinancing, and available repayment options.
Information, before you begin repayment, on interest rates, fees, the total balance owed on your loans.
A repayment schedule that lets you know, before you begin repayment, when your first payment is due, the number and frequency of payments, and the amount of each payment.
An explanation of the grace period, of federal interest benefits, if you qualify for those benefits, and the consequences of default.
Request forbearance.

As a student loan borrower, you have the responsibility for:

Repaying your loans according to your loan agreement even if you don't complete or aren’t satisfied with your education or can't get a job after graduation.
Completing entrance counseling before receiving any loan funds and exit counseling when you cease to be a half‐time student at this College.
Repaying the loan according to the repayment schedule, even if you don’t receive a bill
Notifying the loan servicer if you fail to enroll for the period covered by the loan, or if you graduate, withdraw from school, begin attending less than half-time, or transfer to another school.
Notifying the loan servicer and the College of any change in your name, address, phone number or enrollment status.
Notifying the loan servicer of anything that affects your ability to repay.

Contact the financial aid office for any questions or more information regarding Student Rights and Responsibilities.

Dallas Baptist University
Office of Financial Aid
3000 Mountain Creek Parkway, Dallas, TX 75211
(214) 333-5363
finaid@dbu.edu

Office Location: Lower level of the Mahler Student Center, adjacent to the mail room.