Title IV Authorization
What are federal Title IV funds?
Title IV funds are federal student aid from federal programs administered by the U.S.
Department of Education. The Department of Education only allows institutions to use
your Federal Student Aid to pay for current academic year institutional charges, unless
you have granted permission to apply these funds to non-institutional charges for
both the current aid year or a prior aid year.
Title IV funds include:
- Direct Subsidized/Unsubsidized Loan
- Direct Graduate Plus Loan
- Parent Plus Loan
- Pell Grant
- Supplemental Educational Opportunity Grant (SEOG)
Regulation
Federal regulations require that the University apply Title IV funds to ‘allowable charges,’ which are tuition, mandatory fees, and room and board charges contracted