You have the responsibility to:
- Review and consider all information about the college's programs before enrolling.
- Compare your anticipated monthly student loan payments and other expenses to your expected take-home pay after college.
- Complete the financial aid application accurately and submit it on time to the right place. Intentional misrepresentation on an application for federal financial aid is a violation of law and a criminal offense subject to penalties.
- Talk to your high school counselor about the college you are considering. Ask current and former students and speak to local employers about the school.
- Read and keep copies of all forms and agreements you sign.
- Respond promptly and return all requested additional documentation, verification, corrections or new information to the appropriate place.
- Notify the college and lender promptly of changes in your name, permanent mailing address or enrollment status.
- Know and comply with the deadlines for applications or with the deadlines for application or reapplications for aid, and understand the school's refund procedures.
- Repay your student loans, even if you do not complete your education, can not get a job or are not happy with your education. Some lenders offer incentives if you repay your loans on time.
- File for a deferment or forbearance or change repayment plans if you are at risk of default.
- Complete entrance counseling before you receive your first loan disbursement and exit counseling before you leave school.
- Report in writing all additional financial aid resources you receive to your college financial aid office.