George Mason University

Rights and Responsibilities

Your “Rights” Related to Financial Aid

You have the right to know:

  • The cost of attendance
  • The refund policy for students who withdraw
  • What financial assistance is available from federal, state, and institutional sources
  • Procedures and deadlines for submitting applications for financial aid
  • How financial aid recipients are selected
  • How your eligibility was determined, including all resources the aid office considered available to you
  • How and when funds will be disbursed to you
  • An explanation of each type of award you receive
  • For any student loan you receive: the interest rate, total amount you must repay, when your repayment begins, the length of your repayment, and the cancellation and deferment provisions applicable to your loan
  • For any Federal Work Study job: a description of the job, the hours you must work, the rate of pay, and how and when you will be paid
  • The criteria used to determine satisfactory academic progress for financial aid purposes
  • How to request a review of a decision by the Office of Student Financial Aid concerning your aid package

Your “Responsibilities” Related to Financial Aid

It is your responsibility to:

  • Read directions thoroughly, complete forms accurately, and comply with deadlines
  • Provide supplemental documentation as requested
  • Read, understand, and keep copies of forms
  • Repay student loans
  • Complete entrance and exit counseling if you receive federal student loans while in attendance at Mason
  • Notify the Office of Student Financial Aid of any change in your enrollment, housing, or financial aid status (including any scholarships or grants received from outside sources). Changes of address and enrollment status must also be reported to your lender if you have a loan
  • Satisfactorily perform the work agreed upon in a Federal Work-Study job
  • Know and comply with all requirements for continuation of financial aid, including satisfactory academic progress requirements