Your Rights and Responsibilities
Knowing your rights and responsibilities regarding financial aid is important in helping ensure that the financial aid application, award and disbursement processes go as smoothly as possible. This is where you’ll also learn about what happens regarding financial aid if you have to withdraw from classes before a semester is over.
- Terms and Conditions of Your Financial Aid Award
Terms and Conditions of Your Financial Aid Award
Terms and Conditions as viewed through URSA.
If accepting Terms and Conditions for 1718. I understand that my award letter is based upon reasonable estimates on the part of UNC. That all costs and aid are subject to change. I understand that I should check Ursa regularly for additional information and\or requirements to be completed.
If you decide to accept financial aid awards, they will have conditions attached. It is important that you understand & agree to these conditions before accepting awards.
By Clicking "I accept" below, you agree to the following:
I authorize all financial aid funds accepted to be applied to my university bill including indirect charges such as library, health insurance & parking, etc. I understand if I wish to revoke this authorization, I may do so by contacting the Office of Financial Aid.
I have read and agree to the Rights and Responsibilities of Financial Aid as well as the Guide to the Awards information which includes but is not limited to the following:
- If I fail to attend classes, I may have to repay part or all of my aid.
- If I repeat a previously passed course more than one time, it will not count towards full-time enrollment consideration for Federal Student Aid.
- All funds received will be used solely for expenses related to attendance at the University of Northern Colorado.
- I must be making satisfactory academic progress as determined by UNC.
- I must be enrolled at UNC in a degree-granting program.
- If an Undergraduate, I must enroll in and maintain at least 12 credit hours per semester to be considered full-time or at least 6 credit hours for half-time status as of the census date for each term.
- If a Graduate student, I must enroll in and maintain at least 9 credit hours per semester to be considered full-time or at least 5 credit hours for half-time status as of the census date for each term.
- Only course work that is required for my degree will count towards my enrollment status. Once I complete the requirements for a single degree, even if I haven't applied for graduation, I am no longer eligible for aid for that program. The fact that I might be getting a dual degree and haven’t completed the requirements for the second degree doesn't change this.
- That any work study funds listed/awarded are simply for a potential job. To receive these monies, I would still need to secure a job and actually work the hours required to earn this money.
- If awarded and I wish to receive any student or parent loans, it will require that I and/or my Parents (PLUS loans only) complete an actual loan application (MPN)/Credit Check for parents and entrance loan counseling by the student.
- That if I receive additional aid including but not limited to scholarship funds, vocational rehabilitation funds, graduate assistantships, etc., my original aid offered may be reduced.
Failure to read and accept these terms and conditions will prohibit UNC from disbursing your financial aid.
- Your Rights
You have the right to:
- Receive factual information about costs, aid opportunities, program policies, etc., through publications and correspondence.
- Confidentiality. All financial aid information submitted to the Office of Financial Aid will remain confidential according to the University policy regarding the release of information from student records pursuant to the Family Educational Rights and Privacy Act of 1976.
- An answer. Any questions concerning the determination of your award can be answered by a professional staff member in the Office of Financial Aid.
- Accept all or part of the assistance offered. An award of one type of aid is not contingent upon acceptance of another.
- Have your financial need recalculated if there has been a significant change in your family financial situation. This does not always result in an increase in your award.
- Examine your financial aid records. You may request a review with a financial aid administrator on a walk-in basis. Dependent students cannot review their parents' income information. Parents/spouses cannot view an independent student's information without written consent.
- Fair treatment. The University of Northern Colorado does not discriminate on the basis of race, color, sex, national or ethnic origin, physical or mental disability, veteran status or age.
- Your Responsibilities
You are responsible for:
- Meeting your college costs. In addition, if you are a dependent student, your parents share this responsibility. Financial aid may be available when your resources are not sufficient to meet those costs.
- Supplying accurate information on all forms submitted. Funds obtained on the basis of false or misleading information must be repaid, and could result in criminal prosecution, prison sentence and/or a $20,000 fine pursuant to US Criminal Code and Colorado Criminal Code.
- Reporting any assistance received from sources outside our office.
- Completing all requested documentation by the required date(s).
- Deadline for completing the verification process: If selected, the deadline for an otherwise eligible student to complete the verification process for all federal aid programs is the date established annually in the Federal Register or 120 days after the last day of the student's enrollment, whichever is earlier.
- Responding to all requests from the Office of Financial Aid in a timely manner.
- Reporting any change in your circumstances that might affect your eligibility for financial aid. These changes include residency, enrollment status (withdrawing from a class or from school), class standing, increase or decrease of financial resources and marital status.
- Using financial aid funds for expenses related to your attendance at the University of Northern Colorado.
- Repaying all types of loan assistance. You must inform lenders of any changes in your name, address or enrollment status while you are attending school or after you leave or graduate.
- Being aware of all conditions that relate to the receipt of your financial aid.
- Meeting the Standards of Satisfactory Academic Progress.
- Changing Your Name with UNC
- Please note that if you are changing your legal name with UNC, you must also change it with the Social Security Administration if your new name is different from the name they have.
- Also, if you have a financial aid application on file, you must make the change to your name on your Free Application for Federal Student Aid after you have made the change with Social Security. Students with Pell Grants who do not follow the procedure risk losing the Pell Grant until the issue is resolved.
- Changing Your Social Security Number with UNC
In order to process your Free Application for Federal Student Aid (FAFSA) the social security number on the FAFSA must match the Social Security Number on the University System. If you have given UNC an incorrect number you must provide a copy of your social security card to the Registrar's Office at UNC.