Final answer:
The statement regarding the right to follow the Transfer Credit Appeal Procedure if the terms of the CAA are not honored is true. Additionally, living in student housing near campus and receiving financial aid are not mutually exclusive; financial aid can be used for housing costs.
Step-by-step explanation:
If a transfer student perceives that the terms of the Comprehensive Articulation Agreement (CAA) have not been honored, he or she can indeed follow the Transfer Credit Appeal Procedure. This implies that the statement given is true. The CAA is designed to help students transition smoothly from one educational institution to another, ensuring that their credits transfer appropriately. Regarding whether living in student housing within five miles of the campus and receiving some form of financial aid are mutually exclusive conditions, the correct answer is B. No. Being a resident in student housing close to campus does not inherently preclude a student from eligibility for financial aid. In fact, financial aid can be used to cover various educational expenses including tuition, fees, room, and board.