As a financial aid recipient, you have certain rights and responsibilities that are associated with receiving aid from Rush University. Please review the following rights and responsibility sections very carefully. A PDF copy of these rights and responsibilities can be found here.
Students have the right to obtain from Rush University the following information:
- Information about the procedures and deadlines for financial aid, including when and how your aid will be disbursed.
- Information related to the cost of attending Rush University.
- Knowledge of how various financial aid program eligibility are determined including information about what financial aid is available, including information on all federal, state, institutional financial aid programs.
- Know how your financial need is determined.
- Expect fair and equitable treatment from the Office of Student Financial Aid.
- Be able to obtain the interest rate on any educational loan you have, the total amount you must repay, the length of the repayment period, when repayment begins and what cancellation or deferment provisions apply.
- Procedure for how Satisfactory Academic Progress (SAP) is measured and how you can regain eligibility for federal financial aid if you fail to meet one or more of the standards.
Students have the following responsibilities:
- Carefully reviewing and understanding information as it relates to the financial assistance programs, performance expectations, degree requirements
- Complete all required financial aid requirements including acceptance or denial of offered assistance, completion of loan interest or exit counseling, complete the master promissory note (MPN) and direct loan entrance counseling, etc.).
- Respond in a timely manner regarding offers of financial assistance by the financial aid notification letter and indicating acceptance or rejection.
- Inform the Office of Student Financial Aid of any outside forms of aid including grants, scholarships, and educational loans.
- Accurately reporting accurate information on your annual Free Application for Federal Student Aid (FAFSA).
- Provide additional information as requested by the Office of Student Financial Aid to process student’s assistance on your behalf.
- Maintain good academic standing based on the performance requirements outlined in the Satisfactory Academic Progress (SAP).
- Notify Rush University of any changes in the following: name, address, housing, expected graduation date, etc.
- Repay all student loans you accept,
- Understand the tuition refund policy and return of Title IV aid policy.