Many students at Rocky Mountain University of Health Professions (RMUoHP) request financial assistance to help defray the cost of education. Federal, institutional, and off-campus resources combine to form a partnership with your own commitment to meet your education costs. As a student financial aid recipient and partner in this process you have a number of rights and responsibilities.
As a student financial aid recipient,
you have the right to:
1. Know the correct procedures for a applying for student financial aid, your Cost of Attendance (COA), and the types of financial aid available.
2. Know how financial need is determined (COA), what the criteria are for awarding financial aid, how academic progress is determined (SAP), and what you have to do to continue receiving financial aid.
3. Know the type and amount of financial aid you will receive, how much of your financial aid need has been met, and how and when you financial aid will be disbursed.
4. Know and access RMUoHP’s Student Consumer Information.
5. View the files associated with your student financial aid file, in accordance with the Family Educational Rights and Privacy Act (FERPA).
6. Know the conditions of any loan you accept.
7. Petition any decision with the RMUoHP Financial Aid Office in regard to your application.
As a student financial aid recipient, it is your
Complete and submit application materials to RMUoHP’s Financial Aid Office within the required or recommended timeframes. This includes the FAFSA, Entrance Counseling, and any other application you may choose to submit.
Re-apply every year in order to be considered for financial aid. This specifically refers to the FAFSA.
Provide correct information at all times. Reporting false information is a violation of the law and may be considered a criminal offense.
Read, understand, and keep copies of all forms you sign or submit.
Know and comply with the rules governing the financial aid you receive. These rules include but are not limited to you must:
Be a US citizen or eligible non-citizen.
Be appropriately admitted and working toward a degree.
Not be in default on any prior federal student loan.
Not owe a refund on a federal grant.
Provide additional documentation, federal tax returns, W-2’s, and any additional information, if requested by the RMUoHP Financial Aid Office.
Report private sources of student financial aid to the RMUoHP Financial Aid Office.
Comply with the provision of any promissory note and all other agreements you sign.
Know and register for the required number of eligible hours to receive your financial aid.
Maintain Satisfactory Academic Progress (SAP).
Know the implications of dropping a course (withdrawing) or dropping all of your courses from RMUoHP will have on your student financial aid.
Repay any funds to RMUoHP which you are no longer eligible for; i.e., funds which exceed the Cost of Attendance (COA), funds which were awarded erroneously, or funds you received and failed to maintain eligibility for.
Notify your lender should any of the following occur before your loan is repaid:
You change your address and/or phone number
You withdraw from school or are enrolled less than half time
You change your name (e.g., maiden name to married name)
You transfer to another university
Keep your local, permanent, and email addresses current with the RMUoHP Registrar’s Office.
Nothing on this website should be construed as authoritative financial advice. Your circumstances are unique, and you may want to consult a financial advisor. The author of this website is not a financial advisor.