… Specific information regarding fees, tuition, and the refund policy for those students who drop out of school. An explanation of how students are selected for receipt of financial aid and how financial need is determined. This process … are considered in the calculation of financial need. Knowledge of how your financial aid award offer is determined. An explanation of the various aid programs awarded in the student's aid award offer. If a student feels he/she has special or … be requested. An explanation of the portion of financial aid the student received that must be repaid and what portion is grant aid or work study and does not need to be repaid. If the aid is a loan, the student has the right to know what the …