Your Rights and Responsibilities
By accepting your financial aid, you have indicated that you have read, understood, and will comply with all of the rights and responsibilities contained therein. These include:
1. Read all information associated with your financial aid summary, including the handbook.
2. You must comply with all federal requirements of the 1983 Amendments to the Military Selective Service Act.
3. If you owe money from a prior over-award of federal funds at any institution, you need to make arrangements for repayment of the over-award. You are not eligible for financial aid if you owe a refund on federal funds.
4. You must be in good standing and be making satisfactory progress as outlined in the handbook.
5. You must report any additional financial aid (scholarships, grants, or loans) you receive that is not listed on your current award letter from Cornell College.
6. You must meet all other conditions contained elsewhere in the handbook.
7. You will need to submit information requested by financial aid processors, Cornell, or any other institution or program to which you are applying for aid to clarify your eligibility for financial aid.
8. If you are selected for verification or financial aid review, you and your parent(s) may be required to submit additional documents. These may include tax returns, W-2 forms, and financial aid verification worksheets. Failure to submit requested information could result in the loss of available funds.
The Office of Financial Planning and Assistance strongly recommends that documents be provided to our office no later than one month prior to the end of the academic year due to the possibility of additional necessary follow-up prior to the deadline. The absolute deadline for the completion of the federal verification process (all requested documentation received by the Office of Financial Planning and Assistance and verification review is complete) is 120 days after the last day of a student’s enrollment. Please note that there may be earlier deadlines for various forms of financial aid (such as loan certifications) or for state or private programs that require FAFSA filing.
9. You must repay all loans according to your established repayment schedule. You are not eligible for financial aid if you are in default on a Federal Perkins Loan, Federal Direct Stafford Loan or Federal Direct PLUS received at any institution.
10. If requested by the college, you must participate in loan entrance counseling.
11. Participate in loan exit counseling if you received a federal or institutional loan while you attended Cornell College.
12. Notify the Registrar’s Office of a change in your name or address.
13. You must notify the Registrar's Office and the Financial Aid Office of a change in your enrollment (i.e. full-time to part-time attendance).
14. Satisfactorily perform the work agreed upon in your college work-study job.
15. Understand the Cornell College withdrawal process and the refund policy.
16. Monitor and retrieve email and electronic postings issued by the Financial Aid Office. As a prospective student, you will receive electronic messages and official notifications related to your financial aid if you reported a valid email address on your FAFSA. Students that have deposited to Cornell receive a Cornell email address. Once a Cornell email address is established, the financial aid office will begin using the college email address.
17. Electronic Notification Policy: As an enrolled student, the main method the Financial Aid Office uses to communicate all facets of the student’s financial assistance information is through campus email and the student portal (self-service). Students may access their financial assistance information through the self-service portal.
If you do not want your financial assistance information sent to you electronically, please visit the financial aid office to request a copy of any forms or documents.
This is a reminder that information distributed electronically on campus has the same status as information distributed on paper. This includes the financial aid summary, any and all financial aid documents, any and all statements from the Division of Business and Enterprise Services office, announcements, course business, requests for information, distribution of minutes, arrangements for meetings, and all other communications.
All faculty, staff, and students should read and respond to their email regularly, at least once each day when on campus. You should also be prepared to use a web browser to access official college information posted on the Cornell website.
For more information on policies regarding electronic security on campus consult Information Technology.
1. You may appeal Cornell’s offer of financial assistance if you feel that it is unfair or unreasonable. Appeals should be directed to the Financial Aid Office. The counselor responsible for your file will review your appeal with the director of financial assistance.
2. Information given to Cornell’s Financial Aid Office is treated confidentially. Personal information you and your family share with the Financial Aid Office as a prospective student is treated confidentially by the staff members of the Financial Aid and Admissions Offices; staff members follow prescribed data security policies to ensure the security and confidentiality of your information. Rules regarding the disclosure of personal information once you are enrolled at the college are dictated by the Family Educational Rights and Privacy Act (FERPA) of 1987. FERPA affords you certain rights with respect to your educational records. The primary intent of the law is to provide you access to your educational record and to limit disclosure of such records without your written consent. View our FERPA policy.
3. You may appeal a financial aid policy or procedure. The appeal may be initiated through the director of financial assistance.
4. You may have your financial need reviewed if your circumstances change during the academic year. Contact the Financial Aid Office if you feel that your calculated financial need should be reviewed.
5. You have the right to contact the Federal Student Loan Ombudsman if the Financial Aid Office did not address or resolve any dispute you brought forth in regard to the terms of your federal student loans (Stafford loan, Perkins loan, Parent PLUS loan). You can contact the Ombudsman toll free at: 1.877.557.2575 or at the Federal Student Aid website.
1. The names of the accrediting and licensing organizations.
2. About its programs; its instructional, laboratory, and other physical facilities; and its faculty.
3. What the cost of attendance is— including tuition, room and board, books and supplies, and other miscellaneous expenses.
4. How aid recipients are selected and how a student’s need is determined.
5. How much of a student’s financial need, as determined by the college, is being met.
6. To explain each type of assistance in the student’s financial aid award.
7. What the interest rate is on any student loan the student has, the total amount the student must repay, when repayment starts, and what cancellation and deferment provisions apply.
8. The average indebtedness of a student who graduates from the college and the percentage of students who default on their federal student loans.
9. If a work-study award is part of the financial aid package, what kind of job it is, how many hours must be worked, what the duties are, the pay rate, how and when a student is paid.
10. How the college determines when a student is not making satisfactory academic progress and its implications.
12. Graduation and job placement rates and how they are calculated.