Title IV FAQs

What are federal Title IV funds?

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.

How are Title IV funds applied to my student account?

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.

Why do I have an excess of Title IV funds?

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.

What is the purpose of the Title IV authorization form?

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.

Do I need to sign a new authorization form each semester?

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.

Does having an excess of Title IV funds mean that I have a credit balance on my student account?

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.

Where should I send my signed Title IV authorization form?

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

If I still have questions, who can I contact?

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