Student Rights & Responsibilities

Students have the right to:

• Know what financial aid is available, including information on all federal, state, and institutional financial aid programs.

• Expect fair and equitable treatment from the LCC Financial Aid Office staff. It is the goal of the office to assist all students promptly and professionally throughout the financial aid process.

• Know the interest rate on any student loan the student borrows, the total amount that must be repaid, the length of time the student has to repay, when the loan(s) must be repaid, and what cancellation or deferment provisions apply.

• Request consideration of the financial aid package. If the student’s financial circumstances have changed, the student must submit a Special Circumstance Appeal form to the Financial Aid Office.

• Know how Satisfactory Academic Progress (SAP) is measured and how students can reestablish eligibility for federal and state financial aid if they fail to meet the standard.

Students are responsible for:

• Understanding if financial aid does not completely cover the tuition bill, the student is responsible for setting up an installment plan or making full payment immediately to the Fiscal Office. The student must realize that until all requested information has been submitted, reviewed, and verified, financial aid will not be credited to the student account.

• Being admitted into a degree-seeking program during the term(s) that the student wishes to receive financial aid. Not all classes or majors are eligible for financial aid, including student loans. 

• Reapplying for financial aid each year. Students cannot receive financial aid from two schools during the same year.

• Understanding that at any time enrollment drops below 6 credit hours prior to Federal Direct loan disbursement, the Federal Direct Loan will be cancelled. The student will be responsible for any remaining balance.

• Understanding that if the student completely withdraws from school or receives all Fs due to stopping-attendance, a Return to Title IV calculation will be processed, and the student may be required to repay a portion of the Federal Title IV aid.

• Consulting with a financial aid advisor before dropping courses and be aware of the Return of Title IV Funds Policy.

• Paying any remaining balance after any earned aid is applied when dropping classes.

• Understand the Fiscal office has 14 days to issue excess financial aid to the student after the Federal Title IV credit balance is created from financial aid disbursing to the student account. Refund amounts are based on any balance remaining after tuition, fees, book charges, and other authorized charges are paid, and are subject to enrolled hours.

• Understanding that Federal Direct Loan programs require enrollment in a minimum of 6 credit hours.

• Understanding that a financial aid advisor may request additional documentation at any time.

• Not being in default on any loan previously received at any institution.

• Obtaining the information on when and how financial aid funds will be disbursed.

• Providing all requested documentation to the Financial Aid Office accurately and timely.

• Completing an entrance and exit counseling for any student loans received at LCC.

• Understanding the college's refund policy.

• Paying any balance from a prior semester.