Student's Rights and Responsibilites

Higher Education Opportunity Act of 2008 (H.R 4137) Disclosures

The Higher Education Act of 2008 (H.R. 4137) was signed into law on August 14, 2008.  This law mandates that we provide you with a significant amount of additional information in a variety of formats.

NSLDS – Institutions that enter into an agreement with a potential student or parent of a student regarding a Title IV loan are required to inform the student or parent that the loan will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Consumer Loan Disclosure Notice – In compliance with federal regulations under HEOA Sec. 489 amended Sec. 485B (d) (4) (20 U.S.C. 1092b) Texas Wesleyan  University is required to notify you that approved loans will be submitted to the National Student Loan Data System (NSLDS) by the U. S. Department of Education and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system as determined by the U. S. Department of Education.

As a student, you have the right to know:

• What financial aid programs are available and how to apply for them;
• Procedures and deadlines for submitting application(s) for financial aid;
• Cost of attendance and how financial need is determined;
• The type and amount of assistance you will receive, and how and when you will be paid;
• To request an explanation of the various awards in his/her student aid package;
• That you cannot receive financial aid for a class that you repeat more than one time;
• That all application information is treated with the highest level of confidentiality;
• The eligibility criteria for awarding aid;
• The conditions of any loan you accept;
• The job description and starting pay rate for any student job you accept;
• How the standards of academic progress is determined;
• Requirements in the case of withdrawal, refunds, and repayment of financial aid;
• The contents of your financial aid file, in accordance with the  Family Education Rights and Privacy Act (FERPA), and to request an appeal if you believe a mistake has been made;
• Your financial aid package will be reviewed upon your request if family and/or financial circumstances have changed;
• Consumer information  required by the Higher Education Opportunity Act
• When a student withdraws, stops attending, graduates or drops below half time enrollment, TWU is required to provide Exit Counseling for information regarding student loan repayments, forebearance or deferment possiblities.

As a student, you have the responsibility to:

• Establish plans to meet your educational and living expenses;
• Submit all forms required to complete the application process in a timely and accurate manner;
• Read, understand, and retain copies of all information and/or forms that are sent to you and all other documents you sign;
• Comply with the provisions of any aid received, as well as any promissory note(s) and all other agreements you sign;
• Notify TWU of all resources (especially outside resources) you receive that are not listed on your award letter;
• Keep TWU informed of any change of address, name or marital status while you are a student, and until all loans have been repaid in full;
• Use aid only for educational expenses related to attending the University;
• Maintain satisfactory academic progress;
• Register and attend classes for the number of hours required for your aid disbursement;
• Perform satisfactorily in any work assignments accepted through student employment programs.
• Be aware of and comply with the deadlines for application or reapplication for aid.
• Complete your FAFSA or renewal application for aid each year.
• All First Time Student Loan borrowers must complete an Entrance Interview and Master Promissory Note on Studentloans.gov (please refer to our website)
• A graduating or exiting student loan borrower must complete exit counseling.