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Calendar 2005-2006 - The University of Akron

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66 <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong> <strong>2005</strong>-<strong>2006</strong><br />

bursed in the following order: Unsubsidized Stafford Loan, Subsidized Stafford<br />

Loan, Federal Perkins Loan, PLUS Loans, Federal Pell Grant, Federal Supplemental<br />

Educational Opportunity Grant, and LEAP funded programs.<br />

Depending on the situation, withdrawal dates are determined in one <strong>of</strong> the following<br />

ways:<br />

• <strong>The</strong> date the withdrawal is processed by the Office <strong>of</strong> the <strong>University</strong><br />

Registrar<br />

• <strong>The</strong> date the student is <strong>of</strong>ficially dismissed from the college.<br />

• <strong>The</strong> last date <strong>of</strong> documented academic attendance or course work.<br />

• In the case <strong>of</strong> un<strong>of</strong>ficial withdrawals (students receiving all “F” grades), it is<br />

the midpoint <strong>of</strong> the period <strong>of</strong> academic enrollment or last date <strong>of</strong> documented<br />

academic attendance or coursework.<br />

• Students who never attended classes will be required to repay all student<br />

aid funds received.<br />

Once students have attended past the 60% point <strong>of</strong> the payment period, all federal<br />

financial assistance is considered earned.<br />

Please inquire in the Office <strong>of</strong> Student Financial Aid if you need additional<br />

information on the refund policies.<br />

Eligibility for Aid as it Applies to<br />

Certain Classifications <strong>of</strong> Students<br />

Transfer Students<br />

<strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong> Office <strong>of</strong> Student Financial Aid will use the National<br />

Student Loan Database (NSLDS), eliminating the need to request individual financial<br />

aid transcripts (FATs) for most Title IV student aid applicants. If a student is<br />

transferring to the <strong>University</strong> during the academic year and has received a Federal<br />

Pell Grant and/or OIG from the prior school, the student must:<br />

• Request a duplicate Student Aid Report from Federal Pell Programs. This<br />

duplicate Student Aid Report must be sent to the Office <strong>of</strong> Student Financial<br />

Aid before any funds can be disbursed to the student. Instructions for receiving<br />

a duplicate Student Aid Report can be obtained from the <strong>of</strong>fice.<br />

• Have the former Financial Aid Office provide a transfer request to have the<br />

OIG transferred to <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong>. Federal Perkins Loans, Federal<br />

College Work-Study Programs, Federal Supplemental Educational Opportunity<br />

Grants, and scholarships do not automatically transfer. <strong>The</strong> student must reapply<br />

for these programs at <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong>.<br />

Graduate, Law, and Postbaccalaureate Students<br />

A graduate or pr<strong>of</strong>essional student who has already received a bachelor’s degree<br />

can apply for the Federal Subsidized and Unsubsidized Stafford Loans. <strong>The</strong><br />

Federal Pell Grant, Ohio Instructional Grant and Federal Supplemental Educational<br />

Opportunity Grant cannot be received. Post-baccalaureate students can only<br />

apply for Subsidized and Unsubsidized Stafford Loans. Graduate assistantships<br />

are available through various graduate departments. A graduate fellowship and<br />

other graduate awards are distributed by the Graduate School; therefore, a separate<br />

application is required.<br />

Guest Students<br />

A guest student is one who is taking classes at <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong> but will<br />

receive the degree at another institution. Contact the Office <strong>of</strong> Student Financial<br />

Aid for written instructions on how to receive financial aid.<br />

International Students<br />

A student in the United States on a student or other temporary visa is not eligible<br />

for any state or federal financial aid. Application for scholarships, short-term loans,<br />

and some types <strong>of</strong> employment may be made.<br />

Veterans<br />

A veteran may be eligible to receive educational benefits through the Veterans<br />

Administration and should contact the Veterans Office at (330) 972-7838.<br />

Student Rights and Responsibilities<br />

It is your right as a student to know and understand all aspects <strong>of</strong> your financial<br />

aid award. It is also your responsibility to follow all rules <strong>of</strong> each program. We<br />

anticipate that the information contained in this Bulletin will assist you with your<br />

questions regarding financial aid.<br />

Installment Payment Plan<br />

<strong>The</strong> <strong>University</strong> <strong>of</strong>fers an Installment Payment Plan (IPP) to the student who needs<br />

temporary help in paying tuition and housing. Information and applications are<br />

available through the Office <strong>of</strong> Student Accounts, (330) 972-5100.<br />

Inquiries<br />

Since the process <strong>of</strong> applying for financial aid may at first seem complicated, it is<br />

suggested that families contact a high school counselor or a <strong>University</strong> financial<br />

aid <strong>of</strong>ficer for additional information. Direct inquiries to: Office <strong>of</strong> Student<br />

Financial Aid, <strong>The</strong> <strong>University</strong> <strong>of</strong> <strong>Akron</strong>, <strong>Akron</strong>, OH 44325-6211; Phone: (330)<br />

972-7032 or (800) 621-3847. <strong>The</strong> Office <strong>of</strong> Student Financial Aid is located in the<br />

Student Services Building at the corner <strong>of</strong> Buchtel Avenue & College Street. We<br />

look forward to working with you.<br />

Standards <strong>of</strong> Satisfactory<br />

Academic Progress<br />

Financial Aid recipients are required to be making Satisfactory Academic Progress<br />

toward completion <strong>of</strong> their educational programs as determined by the Office <strong>of</strong><br />

Student Financial Aid. This is true whether or not student financial aid has been<br />

received previously. A copy <strong>of</strong> the Standards <strong>of</strong> Satisfactory Academic Progress<br />

Policy may be obtained from the Office <strong>of</strong> Student Financial Aid.<br />

Family Education Rights and<br />

Privacy Act (FERPA)<br />

A student has a right to:<br />

• Inspect and review education records pertaining to the student;<br />

• Request an amendment to the student’s records; and<br />

• Request a hearing (if the request for an amendment is denied) to challenge the<br />

contents <strong>of</strong> the education records on the grounds that the records are inaccurate,<br />

misleading, or violate the rights <strong>of</strong> the student.<br />

<strong>The</strong> parent or eligible student has a right to:<br />

• Inspect and review the student’s education records;<br />

• Request the amendment <strong>of</strong> the student’s education records to ensure they<br />

are not inaccurate, misleading, or otherwise in violation <strong>of</strong> the student’s privacy<br />

or other rights.<br />

• Consent to disclosures <strong>of</strong> personally identifiable information contained in the<br />

student’s education records, except to the extent that FERPA authorizes disclosure<br />

without consent.<br />

• File with the U.S. Department <strong>of</strong> Education a complaint concerning alleged failures<br />

by the school to comply with the requirements <strong>of</strong> FERPA; and<br />

• Obtain a copy <strong>of</strong> the school’s FERPA policy.<br />

Disclosure <strong>of</strong> Personally Identifiable Information<br />

• FERPA regulations list conditions under which “personally identifiable information”<br />

from a student’s education record may be disclosed without the student’s<br />

prior consent.<br />

• Disclosure may be made to authorized representatives <strong>of</strong> the U.S. Department<br />

<strong>of</strong> Education, the Office <strong>of</strong> Inspector General, or state and local education<br />

authorities. <strong>The</strong>se <strong>of</strong>ficials may have access to education records as a part <strong>of</strong><br />

an audit or program review, or to ensure compliance with Student Financial<br />

Assistance program requirements. (Representatives <strong>of</strong> the Department<br />

include research firms that are under contract with the Department to conduct<br />

studies <strong>of</strong> financial aid procedures, using student information provided by the<br />

schools selected for the study. <strong>The</strong> term also includes the Student Financial<br />

Assistance program public inquiry contractor.)<br />

• Disclosure may be made if it is in connection with financial aid that the student<br />

may receive, a request from the Immigration and Naturalization Service (INS)<br />

or the Federal Bureau <strong>of</strong> Investigation (FBI) for access to a student’s records.<br />

Such a request may be granted only if the student information is needed to<br />

determine the amount <strong>of</strong> the aid, the conditions for the aid, the student’s eligibility<br />

for the aid, or to enforce the terms or conditions <strong>of</strong> the aid.<br />

• Disclosure may be made to the student’s parent, if the student is dependent<br />

on the parent, as defined by the Internal Revenue Service. If the student<br />

receives more than half <strong>of</strong> his or her support from the parent, under the IRS<br />

definition, the student is a dependent <strong>of</strong> the parent. (Note that the IRS definition<br />

is quite different from the rules governing dependency status for the<br />

Student Financial Assistance programs.)<br />

• Disclosure may be made to organizations that are conducting studies concerning<br />

the administration <strong>of</strong> student aid programs on behalf <strong>of</strong> educational agencies<br />

or institutions.

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