Student Financial Services 贷款政策
行为准则
Westmont College will not recommend particular private (alternative, non-federal) lenders in exchange for material benefits to the institution or Westmont College employees.
Westmont will not accept gifts from lenders or servicers including any gratuity, 忙, 折扣, 娱乐, 热情好客, 贷款, or other item valued at more than a nominal amount. The term “gift” would not apply to informational material related to 贷款s or financial literacy. 类似的, 食物, 点心, 培训, or informational material that is an integral part of a 培训 session designed to contribute to the professional development of Westmont’s employees would be allowed.
Entrance and exit counseling provided by lenders or servicers would be allowed, provided that a Westmont staff member controls the counseling and that the counseling does not 忙 a single lender.
Westmont employees will not accept a gift for a family member or friend if the gift was given because of his or her position.
Westmont will not accept any private 贷款 funds from a lender in exchange for concessions or promises to the lender.
Westmont College staff will not participate in any lender advisory councils. We may offer advice to lenders in order to improve their products and services for borrowers, as long as no compensation is provided.
贷款取消
Student Financial Services will notify the student or parent borrower if the school credits a student’s school account with 工作人员ord or PLUS 贷款 proceeds. This notice will be issued no earlier than 30 days before and no later than 30 days after the student’s account is credited. The notice will include:
- The date and amount of the disbursement.
- A statement explaining the student or parent borrower’s right to cancel all or a portion of the 贷款 or 贷款 disbursement and have the proceeds returned to lender.
- The method and date by which the student or parent borrower must notify the school that he or she wishes to cancel all or a portion of the 贷款 or 贷款 disbursement.
A student or parent borrower must inform Student Financial Services if he or she wishes to cancel all or a portion of a 贷款 or 贷款 disbursement. Westmont will return the 贷款 proceeds, cancel all or a portion of the 贷款 or 贷款 disbursement as applicable, or do both if the school receives a cancellation request in either of the following time frames:
- Within 14 days after the date Student Financial Services sends the notification advising the student or parent borrower that the student’s account has been credited.
- By the first day of the payment period, if Student Financial Services sends the notification more than 14 days prior to the first day of the payment period.
Repayment and Deferment
All Perkins, 工作人员ord, Westmont, and alternative 贷款s must be repaid. Federal 工作人员ord and Westmont College Loans have a 6 month grace period before repayment begins. The Federal Perkins Loan has a 9 month grace period before repayment begins. Alternative 贷款 grace periods vary.
Terms of repayment and 延期 options are available at Entrance and Exit sessions. Examples of cancellation or 延期 options include service in the Peace Corps, service under the Domestic Volunteer Service Act of 1973.
Repayment schedules are available to students at Student Financial Services. They may also be available with 贷款 materials. Students with questions about student 贷款 repayment, 延期, forbearance or other questions about education 贷款s are encouraged to contact Student Financial Services.
入学咨询
All first-time Perkins and 工作人员ord Loan borrowers must complete an entrance 贷款 session if they are first-time students at Westmont College.
联邦调查员
If borrowers have situations that cannot be resolved through reasonable effort with a school or federal 贷款 servicer, they may contact the Federal Student Aid Ombudsman Group:
US Department of Education
FSA Ombudsman Group
P.O. 1843箱
Monticello, KY 42633
Phone: (877) 557-2575
FAX: (606) 396-4821