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 procedures to apply for financial aid and the forms required
  • The eligibility criteria for each financial aid program
  • The criteria for determining the amount of each award
  • How a student's financial need is assessed and what resources are considered in the calculation of need
  • The method by which financial aid will be disbursed and the frequency of disbursements
  • General terms and conditions of any employment award that is included in the financial aid package
  • The portion of financial aid that must be repaid
  • The interest rate on loans, the total amount to be repaid, the repayment procedures, the date for beginning repayment, and the length of the repayment period on any student loan you are awarded.
  • The criteria for continued eligibility under each financial aid program
  • The academic standards which must be maintained in order to be making satisfactory academic progress in your course of study for the purpose of receiving financial aid
  • The criteria by which you may re-establish eligibility for financial aid if you failed to maintain satisfactory progress
  • You may owe a repayment of your "unearned" 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 College

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
  • Use financial aid only for educational expenses
  • Inform the Financial Aid Office of additional sources of funding such as (but not limited to) scholarships, Vocational Rehabilitation, tuition assistance, or tuition reimbursement. Failure to do so may cause an over-award of financial aid which you may have to repay.
  • Inform NMC and your lender(s) of any change in permanent address, phone number, email address, or legal name
  • Acquaint yourself with financial aid deadlines, forms, and application requirements for receiving aid
  • Notify the financial aid office when your financial situation changes
  • Read and understand the terms and conditions of any student loan that is borrowed
  • Read and understand the financial aid policies & procedures available on the NMC website and the NMC Financial Aid Portal
  • Read and understand the Financial Aid Satisfactory Academic Progress Policy
  • Read and understand the NMC Tuition Refund Policy
  • Read and understand the policies and procedures related to withdrawing from classes and the treatment of financial aid when a student withdraws or does not complete a scheduled payment period
  • Follow published procedures for dropping or withdrawing from your classes
  • Supply any additional documentation, verification, corrections, or new information requested by the Financial Aid Office
  • Complete the appropriate Entrance Counseling requirement prior to receiving a 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
  • Repay your student loans according to the agreed upon repayment schedule, or notify your loan servicer if you are unable to make payments