Rights and Responsibilities

As a student or prospective student of Nebraska Methodist College, you have the right to know:

The estimated cost of attendance, including tuition and fees, books and supplies, transportation, typical room charges, and any additional program costs associated with your enrollment
What types of financial assistance are available from Federal, State, and institutional resources
Which financial aid programs are based on need and which are not
The terms and conditions of any student loan or work-study award included in the award package
The procedures to apply for financial aid and the forms required
The criteria for selecting recipients for each financial aid program
The criteria for determining the amount of each award
The criteria for continued eligibility under each financial aid program
Standards which must be maintained in order to be making satisfactory academic progress in your course of study for the purpose of receiving financial assistance
The method by which financial assistance disbursements will be made to students, and the frequency of those disbursements
You may owe a repayment of your financial aid if you drop or withdraw prior to completing the term for which aid was received
The requirements and procedures for withdrawing from the school

Financial aid recipients have the responsibility to:

Read and respond promptly to all correspondence you receive from the Financial Aid Office
Ask questions when you encounter something you do not understand
Complete your application materials accurately and promptly
Follow the published procedures for dropping or withdrawing from your classes
Use financial aid only for educational expenses
Notify the financial aid office when your financial situation changes
Read and understand the terms and conditions of any student loan that you borrow
Complete the appropriate Entrance Counseling requirement prior to receiving a Federal Perkins Loan, Federal Direct Stafford Loan, Nursing Student Loan, or Nurse Faculty Loan
Complete the required Exit Counseling prior to graduating or otherwise leaving school, if you have borrowed a Federal Perkins Loan, Federal Direct Stafford Loan, Nursing Student Loan or Nurse Faculty Loan while attending NMC
Notify the school, lender and loan servicers whenever you change your name, address, phone number or email address
Repay your student loans according to the agreed upon repayment schedule, or notify your loan servicer if you are unable to make payments

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