Financial Aid Rights and Responsibilities
Your Rights as a Student Receiving Financial Aid
You have the right to know the following:
- What Financial Aid programs are available at Lamar State College Port Arthur.
- Deadlines for submitting applications for each of the financial aid programs available.
- How your financial aid will be disbursed.
- How your financial need was determined.
- How much of your financial need, as determined by the school, has been met.
- The school’s refund policy.
- What portion of your financial aid is gift aid and what must be repaid.
- If the aid is a loan, you have a right to know the interest rate, repayment amount and procedures, length of time to repay and when repayment begins.
- How the college determines if you are making Satisfactory Academic Progress.
You have the right to accept, decline, or seek adjustments to your financial aid package.
Your Responsibilities as an Applicant
- Complete all application forms accurately and submit them on time to proper office.
- Provide accurate information.
- Submit all additional documentation, verification, corrections and /or new information requested by either the financial aid office or the federal processing agency to which you submitted your application.
- Read and understand all forms that you sign.
- Abide by all forms that you sign.
- Perform the work agreed upon in accepting Federal Work Study.
- Report name and school enrollment status changes to the financial aid office and to the lender of any educational loan you receive.
- Provide our office with notification if you will be graduating at the end of a Fall semester.
- Contact our office if you do not receive information in a timely manner.
- Read and understand all information provided here.
Revised 11/06/2019
