Financial Aid Rights and Responsibilities

As a participant in the U.S. Department of Education aid programs, WCTC is required to provide a list of students' rights and responsibilities as they pertain to aid programs.

Students have the right to know the following information:

  • Types of available financial assistance programs.
  • Application deadlines for each financial aid program.
  • Attendance costs.
  • Policies on refunds for students who withdraw.
  • Criteria used to select financial aid recipients.
  • How financial need is determined.
  • Resources considered in calculating a student's need.
  • How much of a student's financial need (as determined by the institution) has been met.
  • How and when funds will be disbursed.
  • Various programs in a financial aid package. If a student believes he or she has been treated unfairly, he or she may request reconsideration of the award which was made.
  • Whether a student meets satisfactory academic progress (SAP), and the consequences for not meeting SAP.
  • What portion of financial aid must be repaid, and what amount is grant aid. For loans, a student must know:
    • The interest rate.
    • Total amount to be repaid.
    • Payback procedures.
    • Length of time to repay the loan.
    • When repayment begins.

Student responsibilities include:

  • Reviewing all college program information prior to enrolling.
  • Accurately completing the Free Application for Federal Student Aid (FAFSA) and filing it in a timely manner. Intentional misreporting of information on application forms for federal financial aid is a violation of law, considered a criminal offense and subject to penalties under the U.S. Criminal Code.
  • Providing all documentation, corrections and/or new information requested by the Financial Aid office or the agency to which the application was submitted.
  • Reading, understanding and keeping copies of all forms.
  • Accepting responsibility for all signed agreements.
  • Understanding and complying with deadlines for application or reapplication of aid. Students must reapply for aid each academic year.
  • Understanding and complying with WCTC's refund procedures.
  • Understanding that financial aid awarded is to be used solely for expenses related to attendance at WCTC.
  • Notifying the Financial Aid office:
    • Of changes in enrollment status, name, address and aid obtained from private sources. A student must inform the office and any lender informed of withdrawal or graduation.
    • Of entrance criteria (no high school diploma or equivalent; not having passed an ability to benefit test).
    • If you are serving a criminal sentence in a federal, state or local penitentiary, prison, jail or similar correctional institution.
    • If you expect to receive any financial assistance not included on your award offer (such as DVR, employer tuition assistance, scholarships, veteran benefits or others).