The student must provide correct information. The intentional misreporting of information on financial aid application forms is a violation of the law and is considered a criminal offense which could result in indictment under the U.S. Criminal Code.
The student must return all additional documentation, verification, corrections, and/or new information requested by either the Financial Aid Office or the agency to which an application was submitted.
The student must report to the Financial Aid office any additional financial resources received by him/her during the period of his/her financial aid award.
- Withdrawal from school or less than half-time enrollment
- Change of address
- Name change
- Transfer to other school(s)
Loan recipients must complete loan entrance counseling and exit counseling each year.
The student must repay any loan received at BC, plus accrued interest, in accordance with the repayment schedule.
In borrowing money, the student assumes the responsibility for repaying the loan. If circumstances arise that make it difficult to meet this responsibility, he/she should contact the lender.
The student must notify the lender of any occurrence which may affect eligibility for a deferment of repayment.