Title IV Authorization Form 2012-13 1.doc - nwhealth-2025

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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.
Federal regulations require that students who withdraw from school meaning they have withdrawn from all classes before completing 60 percent of the quarter may have to repay all or a portion of the federal Title IV financial aid funds that have been disbursed to them.
The amount of assistance you have earned is determined up to the point of withdrawal. For example, if you completed 30 percent of the semester, you earned 30 percent of the assistance you were originally scheduled to receive. If you received more assistance than you earned, you must repay the excess funds.
As the name indicates, grants do not usually have to be repaid. However, there are two reasons why you may have to repay part of a Federal grant: The amount given to you was more than you were eligible to receive (this is called an over-award).
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.)
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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.

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