Title iv funds authorization form 2025

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WHAT IS THE PURPOSE OF THE TITLE IV AUTHORIZATION FORM? Marymount University , In compliance with federal regulations, must obtain the voluntary permission from the student to apply federal financial aid proceeds to pay for charges other than tuition, mandatory fees, and room and board contracted by the University.
If you do not authorize WM to apply excess federal Title IV financial aid to all non-institutional charges, then Title IV aid will only pay current tuition, fees, food and housing. Other current-term charges, such as library fines and health insurance, will remain unpaid.
If you authorize title iv, you give them permission to pay tuition and anything else on your account. If you dont, they can still use it for tuition, but they will refund you the remainder. You will still have to pay the remaining charges on your account. There really arent many reasons NOT to sign the title iv.
Title IV compliance also focuses on program integrity. Institutions must accurately and honestly represent themselves and their programs to prospective students. This includes providing transparent and accurate information about costs, financial aid options, program requirements, and student outcomes.
Overview of Title IV refers to the financial aid programs for postsecondary students authorized under Title IV of the Higher Education Act of 1965, as amended (Title IV, HEA), administered by the U.S. Department of Education, and listed in 34 CFR 668.1(c).
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