Rose-Hulman Financial Aid Guide
We understand that financial aid can be a little overwhelming as you work your way through forms, eligibility requirements and terminology you may not have encountered before. Our online guide should help you to better understand all the fine points of the process.
If you have further questions, please call us at:
812-877-8672 Financial Aid Office
800-552-0725 (Indiana) or 800-248-7448 (outside Indiana)
RHIT Financial Aid Code of Conduct
The staff of Rose-Hulman Institute of Technology Office of Financial Aid is committed to the highest standards of professional conduct. We are members of the National Association of Student Financial Aid Administrators and follow their code of conduct. We invite you to contact us if you have any questions.
A financial aid professional is expected to always maintain exemplary standards of professional conduct in all aspects of carrying out his or her responsibilities, specifically including all dealings with any entities involved in any manner in student financial aid, regardless of whether such entities are involved in a government sponsored, subsidized, or regulated activity. In doing so, a financial aid professional should:
- Refrain from taking any action for his or her personal benefit.
- Refrain from taking any action he or she believes is contrary to law, regulation, or the best interests of the students and parents he or she serves.
- Ensure that the information he or she provides is accurate, unbiased, and does not reflect any preference arising from actual or potential personal gain.
- Be objective in making decisions and advising his or her institution regarding relationships with any entity involved in any aspect of student financial aid
- Refrain from soliciting or accepting anything of other than nominal value from any entity (other than an institution of higher education or a governmental entity such as the U.S. Department of Education) involved in the making, holding, consolidating or processing of any student loans, including anything of value (including reimbursement of expenses) for serving on an advisory body or as part of a training activity of or sponsored by any such entity.
- Disclose to his or her institution, in such manner as his or her institution may prescribe, any involvement with or interest in any entity involved in any aspect of student financial aid.
RHIT Student Rights and Responsibilities
You have the right to:
- Know what financial assistance is available, including all federal, state and institutional financial assistance programs.
- Know the application deadline for each of the financial assistance programs.
- Know how your financial need is determined.
- Know what resources are considered in the calculation of your financial need.
- Know what awards have been offered to help meet your financial need.
- Have copies of all policies with which you are expected to comply.
- Know how to apply for additional aid if your financial circumstances change.
You have the responsibility to:
- Review the financial aid programs at Rose-Hulman Institute of Technology.
- Comply with all School and Financial Aid Office deadlines.
- Register in the appropriate number of hours needed for the type of aid you are receiving. Most aid requires the student to be at least half-time (Undergraduate/Graduate – 6 hours)
- Fill out the Free Application for Federal Student Aid (FAFSA) or the renewal application completely for each year you plan to attend RHIT.
- Respond promptly to all requests for additional documentation, verification items, corrections and/or new information.
- Read and understand all forms you are asked to submit or sign.
- Keep copies of all forms that you sign or are required to submit (you are legally responsible for all agreements that you sign).
- Notify the school of any changes in your name or address (you are responsible for keeping all lenders and loan agencies informed of permanent address change).
- Know what portions of your financial aid award must be repaid and what portions are grant aid (if the aid is a loan, you are responsible for knowing the terms of your loan).
- Comply with the college’s Refund/Repayment Policy should you withdraw from RHIT.
- Report the receipt of all resources not previously considered in evaluating your eligibility.
- Perform in a satisfactory manner the work that is agreed upon in accepting a work-study award.
- Understand that if you deliberately provide misleading or incorrect information in applying for Federal and State funds you may be prosecuted and subject to penalty under Federal and Indiana laws.