Rights and Responsibilities as a Financial Aid Recipient
You have the right to know:
- What financial assistance is available at UC Davis.
- The deadlines for submitting applications for each of the financial aid programs available.
- The cost of attending UC Davis and the UC Davis refund policy.
- The criteria used by the UC Davis Financial Aid and Scholarships Office to select financial aid recipients.
- How your financial aid eligibility was determined.
- What resources are considered in the calculation of your financial aid eligibility.
- How much of your financial need is unmet, as determined by the UC Davis Financial Aid and Scholarships Office.
- The terms and conditions of the various financial aid programs, including the criteria for your continued eligibility in the programs.
- The method by which disbursements will be made to you and the frequency of those disbursements.
- The portion of the financial aid you receive that must be repaid, and what portion is grant and therefore not repayable. If the aid is a loan, you have the right to know what the interest rate is, the total amount to be repaid, the procedure for repayment and when the repayment is to begin. You have the right to a sample loan repayment schedule for loans.
- How UC Davis determines whether you are making Satisfactory Academic Progress (SAP) for financial aid and what happens if you are not.
- Upon request you can receive a paper copy of your Financial Aid Notice. For more information please contact your respective UC Davis Financial Aid Office.
You are responsible for and required to:
- Report to the UC Davis Financial Aid and Scholarships Office any change in the following:
- Housing changes
- Enrollment status (Part-Time, Career staff fee reduction, Graduation)
- California residency status
- Additional earnings, funds or support, including any graduate assistance.
- Be enrolled at least half-time. Half-time is defined as six (6) units per term.
- Assume responsibility for repayment of all loans accepted.Repay any funds you receive which cannot be reasonably attributed to meeting your educational expenses (overpayments).
- Review the loan terms and process any documents regarding repayment prior to graduation.
- You must participate in the loan entrance counseling program prior to receiving your first loan and an exit interview at the conclusion of your enrollment at UC Davis.
- For Federal Direct Student Loans, notify the loan servicer of address changes and other information as specified in the loan terms.
- Repay overpayments in Federal Pell Grant based on changes in enrollment or if I receive the Federal Pell Grant from two schools at the same time.
- Maintain Satisfactory Academic Progress (SAP) in the course of study you are pursuing as prescribed by the UC Davis SAP and Maximum Timeframe Standards for Financial Aid.
- Complete mandatory loan exit counseling upon ceasing to be enrolled in at least 6.0 or more units if you have borrowed from the Federal Direct Loans, Graduate PLUS, Federal Perkins Loan programs and/or other Institutional loans.
- Know the Student Withdrawal Policy and how it affects your financial aid.
- Notify the UC Davis Financial Aid and Scholarships Office if you currently are or if you become incarcerated in a federal, state or local penitentiary, prison, jail, reformatory, work farm or similar correctional institution. A conviction for any offense involving the possession or sale of illegal drugs during a period of enrollment for which you receive Title IV federal student aid may result in the loss of future financial aid eligibility. If you are convicted of possessing or selling drugs after you submit your Free Application for Federal Student Aid (FAFSA), you must notify the UC Davis Financial Aid Office. If a student successfully completes a drug rehabilitation program, the student may regain federal student aid eligibility on the date the program is successfully completed. For information on how a drug conviction impacts your financial aid, review the drug questions in the Need Help? section of the Free Application for Federal Student Aid (FAFSA) website. To report a drug conviction, contact your respective UC Davis Financial Aid Office.