The student has the right to know:

• What financial aid programs are available
• The deadlines for submitting applications for each of the financial aid programs available
• How financial aid is distributed, how decisions on that distribution are made, and the basis for these decisions
• How the student's financial need is determined. This includes how costs for tuition and fees, room and board, travel, books and supplies, personal and miscellaneous expenses, etc., are considered in the student budget
• What resources (such as parental contribution, other financial aid, student and family assets, etc.) are considered in the calculation of financial need
• How much of the financial need as determined by the institution has been met
• An explanation of the various programs in the student aid package
• The school's refund policy
• What portion of the financial aid must be repaid and what portion is grant aid. If the aid is a loan, the student has a right to know what the interest rate is; the total amount that must be repaid; the repayment procedures; the length of time to repay the loan; and when repayment is to begin
• How the school determines satisfactory academic progress and what happens if progress is less than satisfactory
• That all documents submitted to the Office of Financial Aid are confidential

The student's responsibilities are to:

• Complete all documents required for financial aid accurately and to submit them before the deadlines to the proper place.
• Provide correct information. In most instances, misrepresentation of information on financial aid application forms is a violation of law and may be considered a criminal offense which could result in indictment under the U.S. Criminal Code.
• Read and understanding all forms requiring signature and keeping copies of them.
• Accept responsibility for all signed agreements.
• Return all additional documentation, verification, corrections, and/or new information requested by the financial aid office or the agency to which the application was submitted.
• Be aware of the school's refund procedures.
• Carefully consider information to prospective students about the school's programs and performances, since all schools must provide such information.
• Participate in an entrance interview before applying for loans from any source. The interview will review available loans and the terms and conditions of each.
• Participate in an exit interview prior to graduation or transferring to another school.

Falsification of Records

Falsification of any part of the financial aid application may result in denial, withdrawal, and/or repayment of aid funds. Students are in violation of the EVMS honor code if such documents are proven to have been falsified.

It should be noted that financial information submitted on the Free Application for Federal Student Aid (FAFSA) and on the additional required forms is used in establishing eligibility for federal student financial aid funds and that misrepresentation may subject the filer to sanctions under provision of the United States Criminal Code.