AWARD GUIDE (pdf)
financial aid award,
Rights and Responsibilities
You have the right to know
- What financial aid programs are available at CSU, Chico.
- The application deadlines for each of the available programs.
- The cost to attend CSU, Chico (including fees, books, room/board, personal expenses, and transportation).
- Your application will be evaluated using the same system of need analysis applied to all students.
- How your financial aid was determined, including what resources (such as assets, earnings, parental contribution, etc.) were considered in the calculation of your expected family contribution (EFC).
- What portion of your calculated financial need will be met.
- How much of your financial aid is loan and how much is grant. If the award is a loan, you have the right to know the amount which must be repaid, the interest rate, the amount of each payment, the length of time you have to repay, and when repayment will begin.
- How your financial aid will be disbursed.
- The financial aid repayment and refund policy.
- How the Financial Aid and Scholarship Office determines whether you are making satisfactory academic progress, and what happens if you are not.
- The information pertaining to your financial aid is kept confidential.
- You have the right to receive a full and clear explanation of financial aid decisions. You may appeal decisions if you disagree with them.
You have the responsibility to:
- Complete all applications and forms accurately.
- Comply with all financial aid application deadlines.
- Provide correct information. Misrepresented information on financial aid applications and forms is a violation of federal law and may be considered a criminal offense.
- Read and understand all documents you are asked to sign and keep copies for your records.
- Accept responsibility for all agreements you sign.
- Return any additional documentation and new information requested by the Financial Aid and Scholarship Office.
- Notify the Financial Aid and Scholarship Office if you drop below full-time enrollment during any semester. Full-time enrollment is 12 units for undergraduates and eight units for graduates.
- Notify the Financial Aid and Scholarship Office of increases in resources available to you, including scholarships, income, assets, parental contribution, and other benefits.
- Seek advice from a tax professional to determine if any portion of grants, fellowships, or scholarships are considered taxable income.
- Register with Selective Service when required to do so.
- Complete Loan Entrance Counseling and an electronic master promissory note if you are a first-time borrower of Stafford loans.
- Complete on–line Stafford Loan exit counseling or Perkins Loan exit counseling before you graduate, transfer, or withdraw from CSU, Chico, if you have borrowed a Federal Perkins Loan or a Federal Direct Stafford Loan.
When you accept Federal Work-Study (FWS), it is your responsibility to:
- Find a Work-Study job with assistance from the Student Employment Office.
When you are hired for a FWS job you must
- Be sure the necessary employee hiring forms are completed.
- Adhere to the arranged work schedule.
- Correctly report the hours you work.
- Keep track of your fall semester earnings to be sure you do not earn more than half of your academic year award in the fall semester.
- Carefully monitor your earnings so you don’t exceed your award for the academic year.