You have the right to ask:
- What financial assistance is available, including information on federal, state, and institutional financial aid programs?
- What is the cost of attendance and what are the policies for students who withdraw?
- What criteria are used to select financial aid recipients and what are the deadlines for submitting applications?
- How is financial need determined? The process includes how costs for tuition and fees, room and board, books and supplies, personal and miscellaneous expenses, etc. are considered in a budget.
- What resources (such as family contribution, other financial aid, your assets, etc.) are considered in calculating financial need?
- For an explanation of the various funds in your financial aid package. What portion of the aid received must be repaid and what portion is grant aid?
- How satisfactory academic progress is determined and what happens if you are not making progress?
It is the financial aid recipient’s responsibility to:
- Review and consider information about UWM programs before enrolling.
- Complete a financial aid application accurately and on time. Intentional misreporting on the application forms for federal financial aid is a violation of law and is considered a criminal offense subject to penalties under U.S. Criminal code.
- Submit all additional documentation, verification, corrections and/or new information requested in a timely manner.
- Read and understand all forms they are asked to sign and keep copies of them. Accept responsibility for all agreements signed.
- Federal Loan borrowers must notify the loan servicer of changes in name, address, or enrollment status
- Perform any Federal Work-Study job in a satisfactory manner.
- Know and comply with deadlines for application and re-application.
- Know and comply with refund procedures.
- Notify us of any of the following:
- an agency or third party is paying your fees.
- you are receiving a scholarship, fellowship, assistantship, or traineeship.
- you were originally considered a nonresident for tuition purposes and have now been granted residency status for which you are now being assessed resident tuition.
- you are receiving any governmental benefits (i.e., veteran’s, TANF). If we’ve included an amount on your offer letter and that benefit changes, you must notify us of your new eligibility.