Title IV

Title IV refers to the Federal Financial Aid assets. The federal funds paid to student’s account in addition of allowable charges should be delivered to the student

Updated by Deepthi Raj on 29th June 2018

Title IV

The Title IV is used to refer the federal financial aid funds.

Federal regulation terms that the federal assets paid to a student’s account in extra of allowable charges must be sent to a student

What is Title IV aid?

Title IV aid states the Federal Student Aid rooted in the Higher Education Act of 1965 that also defined the general guidelines that administer those programs.

According to The U.S. Department of Education (ED), Federal student aid must be used to pay institutional charges for the present academic year, unless permission is granted to apply these funds for non-allowable charges

Federal Direct Student Loans, Federal Pell Grant, Federal Perkins Loan and Federal Supplemental Educational Opportunity Grants are few Examples of Title IV aid.


What are the funds provided by Federal Title IV?

What are Title IV Allowable Charges?

  • Tuition

  • Mandatory Fees

  • Room & Board, if contracted with the University


What is a title IV accredited university?

The below list consists of accrediting agencies which permit the organization to create eligibility for participation in the Federal student financial aid programs that are managed by the department under Title IV of higher education  

Academy of Nutrition and Dietetics, Accreditation Council for Education in Nutrition and Dietetics

Distance Education Accrediting Commission

Accreditation Commission for Acupuncture and Oriental Medicine (formerly NACAOM)

Joint Review Committee on Education in Radiologic Technology.

Accrediting Bureau of Health Education Schools

Middle States Commission on Higher Education

Accrediting Bureau of Health Education Schools

Middle States Commission on Secondary Schools

Accrediting Commission of Career Schools and Colleges

Midwifery Education Accreditation Council

Accrediting Commission for Education in Nursing

Montessori Accreditation Council for Teacher Education

Accrediting Council for Continuing Education and Training

National Accrediting Commission of Career Arts & Sciences, Inc.

American Bar Association, Council of the Section of Legal Education and Admissions to the Bar

National Association of Schools of Art and Design, Commission on Accreditation


What is a Title IV financial aid authorization?

  • Written authorization is the only means federal student aid funds can be used to pay non-institutional charges

  • Office of student accounts will notify the students via e-mail when there are excess Title IV funds on a student account.

  • E-mail comprises of Authorization Statement.

  • If the E-mail is acknowledged and students agree with the Authorization Statement, the Office of Student Accounts will put on Title IV assets to non-allowable charges.

  • If the E-mail is not acknowledged within the due date, the procedures to return the Title IV excess starts.

  • Without authorization acknowledgement, the federal financial fund cannot be accessed for non-institutional charges such as health insurance, library fines, breakage fees, returned check fees, deferred fees for payment plans or any charges not directly tied to taking a class.


Conclusion

Title IV refers to the Federal Financial Aid assets. The federal funds paid to student’s account in addition to allowable charges should be delivered to the student. This assistance helps students in a way that help them to concentrate more on college activities rather than focusing on financial problems.


FAQ'S

  1) What does Title IV school mean?


Title IV of the Higher Education Act of 1965 (HEA) covers the administration of the United States federal student financial aid programs. American colleges and universities are generally classified with regard to their inclusion under Title IV, such as under the U.S. Department of Education statistics.

  2) What is the Title IV aid?


This grant includes funds such as Direct Subsidized/Unsubsidized Loan, Direct Graduate PLUS Loan, Direct PLUS Loan, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (SEOG), and Federal Perkins Loan. It does not include scholarships from the University or other private organizations.

  3) What is the Title IV of the Civil Rights Act of 1964?


This right acted as the landmark in the Civil Right of 1964. This act prohibits discrimination on the basis of race, color, and national origin in programs and activities receiving federal financial assistance.

  4) What is the Title IV compliance?


As of this act, no person in the United States shall on the ground of race, color or national origin, be excluded from participation in, or be denied from any type of federal financial assistance benefits.

  5) What is EOP?


EOP which is the acronym for Educational Opportunity Program. According to this program, it provides assistance through mentorship, academic programs, financial assistance, counselling /advising, and other campus support services to those who are first-generation college students, and/or from low-income and educationally disadvantaged backgrounds.