You have the right to know specific consumer information such as campus crime statistics, athletic information, and graduation and completion rates. See below for additional information.
When you accept the offer of financial aid specified in your award notice, you agree to accept and fulfill all the following responsibilities, including the terms and conditions set by the federal regulations for financial aid.
You are responsible for regularly checking your student email account for information from Wayne State University and the Office of Student Financial Aid.
Your award was determined in accordance with the laws, regulations, and appropriations of the U.S. Congress, the State of Michigan, and Wayne State University, and is subject to adjustment or cancelation in the event of changes to these laws or your eligibility.
You are responsible for always providing correct information. Reporting false information is a violation of the law and may be considered a criminal offense.
As a student financial aid recipient, it is your responsibility to:
- Complete and submit application materials within required or recommended timeframes.
- Read all materials sent to you from the Office of Student Financial Aid and other agencies awarding you aid. Keep copies of all forms you sign.
- Know and comply with the rules governing the aid you receive. These rules include but are not limited to:
- You must not be in default on any prior educational loan.
- You must not owe a refund on a Federal PELL Grant or a Federal Supplemental Educational Opportunity Grant due to repayment.
- Provide additional documentation as requested by the Office of Student Financial Aid.
- Comply with the provisions of any promissory note and all other agreements you sign.
- Complete the registration process each semester by the end of the drop/add period to ensure availability of all student aid funds you have been awarded.
You must be enrolled at least half-time in courses that will count toward your degree to qualify for most types of financial aid. Courses that are for noncredit do not count toward your degree.
You must demonstrate Satisfactory Academic Progress according to established policies and standards of Wayne State University.
If you are a recipient of a Federal Loan, you must notify your lender should any of the following occur before the loan is repaid:
- You change your address and/or phone number
- You graduate
- You withdraw from school or are enrolled less than half time
- You change your name
- You transfer to another university
You must report to the Financial Aid Office the type and amount of any scholarships or other financial assistance you receive from non-university sources. Such scholarships or assistance may result in a revision or reduction in the amount of aid offered you.
Use of funds
Students must give priority in paying their university bills with their financial aid.
If you become ineligible for financial aid after a disbursement has been made, you are responsible to pay for any charges.
You must perform the work agreed on if you accept a Work-Study position.
You must notify us in writing if you are receiving financial aid for attendance at another institution while attending Wayne State University.
Financial aid code of conduct
The Wayne State University Office of Student Financial Aid staff follows WSU University Policies, which include prohibitions on conflict of interest. In addition, as a member of the National Association for Student Financial Aid Administrators (NASFAA) we follow the NASFAA Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals.