Financial Aid

Rights and responsibilities of students receiving financial aid

As a student consumer, you have a right to:

  • Know how financial need was determined
  • Know how financial aid will be disbursed
  • Request an explanation of offered aid in the financial aid package
  • Refuse any aid offered
  • Request an explanation of PRCC’s refund policy
  • Know what portion of financial aid must be repaid and what portion is a grant. If a loan has been offered and accepted, have the right to know the interest rate and loan repayment options and procedures
  • Examine the contents of aid records provided a written request is made to PRCC's Financial Aid Office. Students may not review confidential records submitted by parents without the written consent of the parent whose information has been submitted.

As a student financial aid consumer, you have a responsibility to:

  • Complete all requested forms accurately
  • Use all financial aid received solely for expenses related to attending PRCC
  • Submit in a timely manner all additional documentation requested by the Financial Aid Office
  • Enroll for the required number of credit hours governing each aid program
  • Understand the rules and conditions for any financial aid awards received
  • Complete a Master Promissory Note (MPN) and Entrance Counseling the first time a loan is received at PRCC
  • Reapply for financial aid each academic year
  • Inform PRCC Office of Financial Aid promptly of changes in enrollment status