Financial Aid Rights & Responsibilities

Student Rights

As a student at Iḷisaġvik College, you have the right to:

  1. Know the cost of attending Iḷisaġvik College and refund policies.
  2. Know what financial assistance is available.
  3. Know how to apply, how eligibility is determined, and what terms and conditions are related to your financial aid awards.
  4. Request an explanation of your financial aid package.
  5. Request reconsideration of your financial aid package, if you believe a mistake has been made.
  6. Know how the school determines if you are making satisfactory academic progress, and what happens if you are not.

Student Responsibilities

As a student, it is your responsibility to:

  1. Review and consider all information before you enroll.
  2. Contact the representative of Iḷisaġvik College if you have any question about information you have received from Iḷisaġvik College.
  3. Apply every year, because financial aid is not automatically extended from year to year.
  4. Accurately complete your application for student financial aid and submit it by the appropriate deadline. Errors can delay your financial aid. Misrepresenting information is grounds for denial of financial aid and subject to prosecution.
  5. Provide all additional documentation, verification, corrections and/or new information requested by either the Financial Aid Officer or the agency to which you have submitted your application.
  6. Read and understand all forms that you are asked to sign and keep copies of them.
  7. Notify the Financial Aid Officer of any change of name, address, marital status, attendance status, and of all outside scholarships or resources you will receive for educational expenses.
  8. Know the tax laws related to your financial aid. According to the Tax Reform Act of 1986, all scholarships, fellowships, and federal financial aid grants are counted as taxable income to the extent these awards, either individually or together, exceed the cost of tuition and related expenses. It is the student’s responsibility to report all such aid on their tax return.
  9. Pay all fees owing to Iḷisaġvik College not covered by financial aid.