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Title IV funds are federal student aid funds, which are from federal student aid programs administered by the U.S. Department of Education.
But what is a Title IV school? A school designated as Title IV is a higher education institution that processes U.S. federal student aid. These schools can be public, private nonprofit and proprietary, and are guided by the rules and criteria set by the Higher Education Act (HEA).
If you decline, then Title IV aid will only pay current tuition, fees, room, and board. Other current-term charges, such as library fines and health insurance, will remain unpaid.
Title IV is a term that refers to federal financial aid funds. Federal regulations state that any federal funds disbursed to a students account in excess of allowable charges must be delivered to the student (or parent in case of an undergraduate PLUS loan.)
The Return of Title IV (R2T4) calculation is performed to determine the amount of federal funds the student has earned and the amount of unearned Federal funds for which the school and the student is responsible to return (if any).

People also ask

Decline: Title IV federal funds will only apply to tuition and fees, and housing charges. By selecting this option, the student will become liable for all charges not covered by financial aid and must be paid by the fee deadline, or the student will be dropped from courses for non-payment.
Our students are not eligible for financial aid based on the FAFSA (Free Application for Federal Student Aid), sometimes referred to as Title IV funds, which have requirements that our programs do not currently meet.
Q: WILL PROVIDING THE AUTHORIZATION OF TITLE IV HELP ME? A: Yes. By signing the form, any excess financial aid will be permitted to be applied to prior, future or certain miscellaneous charges on your student account.
Q: WILL PROVIDING THE AUTHORIZATION OF TITLE IV HELP ME? A: Yes. By signing the form, any excess financial aid will be permitted to be applied to prior, future or certain miscellaneous charges on your student account.
What is Title IV Authorization? All federal student aid funds are referred to as Title IV Funds, referencing the title of the Higher Education Act (HEA), under which student financial aid funds are legislated.

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