Student's Financial Aid
Rights and Responsibilities

It is the student's responsibility to:

 

  • Review and consider all information about a school's program before you enroll.
  • Pay special attention to your application for student financial aid, complete it accurately and submit it on time to the right place. Errors can delay or prevent your receiving aid.
  • Know all the deadlines for applying or reapplying for aid, and meet them.
  • Provide all documentation, corrections and/or new information requested by either the financial aid office or the agency to which you submitted your application.
  • Notify your school of any information that has changed since you applied.
  • Read, understand and keep copies of all forms you're asked to sign.
  • Repay any student loans you have. When you sign a promissory note, you're agreeing to repay your loan.
  • Attend an exit interview at your school if you have a Perkins Loan, Federal Direct Student Loans, Federal Direct PLUS loan or SLS.
  • Notify your school of a change in your name, address or attendance status (part-time or full-time). If you have a loan, you must also notify your lender of these changes.
  • Satisfactorily perform the work agreed upon in a college Work-Study job.
  • Understand your school's refund policy.
  • You have the right to ask a school:
  • The names of its accrediting and licensing organizations.
  • About its programs its instructional, laboratory, and other physical facilities; and its faculty.
  • What the cost of attending is, and what its policy is on refunds to students who drop out.
  • What financial assistance is available, including information on all Federal, State, local, private and institutional financial aid programs.
  • What the procedures and deadlines are for submitting applications for each available financial aid program.
  • How it selects financial aid recipients.
  • How it determines your financial aid need. This process includes how costs for tuition and fees, room and board, travel, books and supplies, and personal and miscellaneous expenses are considered in your cost of education. It also includes the resources considered in calculating your need (such as parental contribution, other financial aid, assets, etc.)
  • How much of your financial need, as determined by your school, has been met.
  • How and when you'll be paid.
  • To explain each type of amount of assistance in your financial aid package.
  • What the interest rate is on any student loan you have, the total amount you must repay, the length of time you have to repay, when you must start repaying, and what cancellation or deferment (postponement) provisions apply.
  • If you're offered a College Work-Study job: what kind of job it is, what hours you must work, what your duties will be, what the rate of pay will be, and how and when you'll be paid.
  • To reconsider your aid package, if you believe a mistake has been made, or if your enrollment or financial circumstances have changed.
  • How the school determines whether you're making satisfactory progress, and what happens if you're not.
  • What special facilities and services are available to the handicapped.

 

Deferred Payments, Waivers, and Unanticipated Expenses

 

Instances may arise when approved loans or grants have not been received in time for registration by the student. Payment of that portion of the student's bill will be delayed, pending the arrival of these monies, when papers documenting the approved loan or grant are presented by the student or received by the college.

 

Students who experience unanticipated expenses of an emergency nature should contact the Office of Student Financial Aid staff to discuss the possibility of obtaining a short-term emergency loan. At that time, definite plans for the repayment of a valid emergency loan will be agreed upon as well.

  • Financial Aid
  • 118B Knapp Hall
  • Cobleskill, NY 12043
  • 800-295-8988
  • 518-255-5623
  • 518-255-5844 Fax
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  • Office Hours:
  • Monday-Friday
  • 8 am - 4:15 pm
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