Title IV FAQ's

Title IV funds are federal student aid funds, which are from federal student aid programs administered by the U.S. Department of Education. Title IV funds include Direct Subsidized/Unsubsidized Loan, Direct Graduate PLUS Loan, Direct PLUS Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), Federal Perkins Loan, and TEACH grants. It does not include scholarships from the University or other private organizations.

The Department of Education requires that Title IV funds be applied only to specific allowable charges. Allowable charges include: tuition, mandatory fees, and room and board contracted by the University. Fees assessed by the University such as library gifts, health center fees, and security fees for housing are not authorized charges for which Title IV funds can be automatically applied.

Excess Title IV funds occur when the total amount of Title IV aid funds disbursed to your student account exceeds allowable charges for tuition, mandatory fees, and room and board contracted by the University.

The purpose of the online authorizations is to allow students or parents to authorize the university to apply federal financial aid proceeds to pay charges related to a prior term up to $200, hold the credit balance for the aid year, or apply Title IV to changes other than tuition. The completion of this form is entirely voluntary and may be updated at any time.

Yes, your authorization is permission for the University to hold excess Title IV funds on your student account but it does not prevent you from requesting a refund. You may request a refund of excess Title IV funds or any other eligible credit balance on your student account during your enrollment at the University.

No, completing this form once will stand for the duration of your enrollment. You may use the online authorization form to authorize or rescind authorization at any time.

Not necessarily. An excess of Title IV funds means that the amount of your federal financial aid exceeds the allowable charges (as defined above). You may login to your eBill account to determine if you have a credit balance or an amount due to the University.

If you need to complete a paper form, you may email the form to  to [email protected].

Please contact our office if you have any additional questions or concerns.