WHAT DOES TITLE IV SCHOOLS MEAN? In addition to meeting the terms and conditions of its Program Participation Agreement with the Department, a participating school must also comply with the following:34 CFR Part 99 (Family Educational Rights and Privacy), 34 CFR Part 600 (Institutional Eligibility), 34 CFR Part 668 (General Provisions), and 34 CFR Part 682 (FFELP) - as well as other Department directives.State licensing requirementsGuarantor policies, procedures, and requirementsAccrediting agency requirementsAll other related requirements for schools, as specified in the Higher Education Act of 1965, as amended.A school that wishes to apply for participation should write or call the Institutional Participation Oversight Service, Accreditation and Eligibility Determination Division of USDE at the following address:U.S. Department of Education/IPOS/AEDDInitial Participation BranchROB-3, 3915 7th & D Streets, S.W.Washington, DC 20202-5244(202) 377-3173 - telephone(202) 275-3486 - faxsource: https://www.delval.edu/offices-services/bursars-office/refunds/federal-title-iv-refunds

Title IV funds consist of federal student aid awarded from programs administered by the U.S. Department of Education.  Title IV funds include:

• Direct Subsidized loans
• Direct Unsubsidized loans
• Perkins loans
• Direct Graduate PLUS loans
• Direct Parent PLUS loans
• Pell grants
• Supplemental Educational Opportunity grants (SEOG)
• Teacher Education Assistance for College and Higher Education (TEACH) grants

Title IV refunds will automatically process within 14 days of the application of the aid to the student’s account, in accordance with federal regulations. The only exception is when a student gives specific written permission to hold all or a portion of the credit balance for additional tution and fees during the same loan period, within the limited circumstances permitted by federal regulations.

If the student signs up for an eRefund, the refund will be wired into the banking system by the fourteenth day. Otherwise, the refund will be issued as a check and will be available to be picked up or mailed by the fourteenth day. 

Students in the graduate and Continuing and Professional Studies programs who borrow federal student loans are more likely to have excess Title IV aid disbursed to their accounts and to be eligible for a Title IV refund. Full-time undergraduates are rarely eligible for a Title IV refund.

cc:http://www.aessuccess.org/higher_ed/summary_for_obtaining_united_states_doe_approval.shtml

What is a Title IV School?

Written by Emma Kane | Feb 16, 2019 2:42:04 AM

Title IV: You might have seen this term around during your college research. Whether or not your school of choice is a Title IV institution will affect how you are able to pay for that school now and down the line.

A Quick History Lesson

In 1965, Lyndon B. Johnson signed the Higher Education Act (HEA) into law. The goal was to increase resources for educational institutions and provide financial assistance to those students pursuing an associates, bachelors or other higher education degrees that was at least two years and would prepare them for gainful employment. Title IV of the act outlines rules related to financial aid.

This both outlines regulations to be followed by the schools that want the ability to offer federal financial aid and the expectations of the students to receive it.

The HEA has been amended a number of times to include changes such as not allowing students with a drug charge to receive federal aid and to require participating schools to make real efforts in encouraging and providing easy access to voter registration for students. These amendments still stand today.