Workplace regarding the Bursar. Exactly what are federal Title IV funds?

Workplace regarding the Bursar. Exactly what are federal Title IV funds?

Title IV funds are federal pupil help funds, that are from federal pupil help programs administered by the U.S. Department of Education. The U.S. Department of Education laws only enable schools to utilize your Federal scholar help to fund present scholastic 12 months institutional fees, unless you have actually awarded permission to put on these funds to non-allowable costs also.

Title IV funds consist of:

  • Direct Subsidized/Unsubsidized Loans
  • Direct Graduate PLUS Loans
  • Direct PLUS Loans
  • Federal Pell Grants
  • Federal Supplemental Educational Chance Grants (SEOGs)
  • Federal Perkins Loans

Federal Title IV funds usually do not consist of scholarships through the University or other private companies.

Allowable fees:

  • Tuition
  • Mandatory charges
  • Place and Board, if contracted because of the University

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