Federal Title IV Authorization
Federal regulations require Federal Title IV funds to be used for allowable educationally
related charges such as tuition, mandatory fees, and food and housing (for on-campus
students). Other educationally related charges like health insurance, book vouchers,
parking, library fines, etc. are not automatically paid by Title IV funds and need authorization from the student. Federal Title IV funds
include Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG),
Federal Direct Subsidized/Unsubsidized Loans and, the Federal Direct Graduate PLUS
loan.
As required by the Higher Education Act, any Title IV funds that exceed the allowable
charges for tuition, mandatory fees, and food and housing (for on-campus students)
and generate a Title IV credit balance, must be refunded to the student. Federal regulations,
however, permit schools to obtain a voluntary authorization from the student that
allow the credit balance from Federal Title IV funds to be applied to other educationally
related charges for the current year, including but not limited to, health insurance,
book vouchers, parking, library fines, etc. This student authorization can additionally
allow for the payment of up to $200 of other prior year charges. Late fees, Payment
Plan fees, etc. are, however, not considered educationally related charges and will
not be covered under this agreement.
Please note that this authorization is voluntary and will remain in effect while you
are enrolled at Seton Hall University. You may, however, cancel/modify this authorization
at any time by submitting a Title IV Authorization Form. Any such cancellation/modification, submitted as an update, is not retroactive and
will take effect on the date the form is received by the Financial Aid Office and
previous requests will become void.
Frequently Asked Questions
- What is Title IV financial aid? »
Title IV financial aid is federally funded aid such as Federal Pell Grant, Federal
Supplemental Educational Opportunity Grant (SEOG), Federal Direct Subsidized and Unsubsidized
Loans, Federal TEACH grant and Federal Direct PLUS loans.
- How are Title IV funds applied to my student account? »
The U.S. Department of Education requires that Title IV funds be applied only to allowable
educationally related charges. Allowable educationally related charges include: Tuition,
mandatory fees, and food and housing (for on-campus students).
- What is the purpose of the Title IV authorization form? »
Seton Hall University, in compliance with federal regulations, must obtain the voluntary
permission from the student or parent, as applicable, to apply federal financial aid
proceeds to pay for charges (up to $200) related to a prior term, or other allowable
educationally-related charges other than tuition, required fees, and food and housing
contracted by Seton Hall University.
- Is the Title IV authorization applicable to other aid like scholarships? »
No, other aid like institutional or donor-sponsored scholarships do not have a restriction
and can pay any applicable charge the scholarship is intended to pay.
- How do I complete the Title IV Authorization Questions for Federal Title IV Financial
Aid Funds? »
- Log into your Pirate Net Account
- Navigate to ‘Financial Aid’
- Click on the ‘Financial Aid Status’ card
- Select the Aid Year from the drop-down.
- Go to the 'Home' tab.
- Under the Student Requirements section, make your selections
- What about authorizations for Parent PLUS Loans? »
At this time, Parent PLUS Loan credit balances are automatically mailed by check to
the parent borrower (or students if directed by the parent on their federal loan application)
on the address provided on the application. In certain cases, the parent borrower
may have directed any excess funds to be applied to the student account at the time
the loan application was completed. If no authorization was provided on the Parent
PLUS Loan Application, parents should contact the Bursar’s Office for assistance.
- So how will this affect my account if I do authorize Seton Hall to apply excess federal
Title IV financial aid to other allowable educationally related charges? »
If you accept, all charges - as allowed by regulations - on your student account for
the current semester are available to be paid by these funds with the exception of
late fees and payment plan fees as regulations do not allow the use of federal funds
to pay for those charges. Any funds in excess of your account balance will be refunded
to you per the normal refund policy.
- So how will this affect my account if I do not authorize Seton Hall to apply excess
federal Title IV financial aid to other allowable educationally related charges other
than tuition, mandatory fees, or room and board (if I am living on-campus)? »
If you decline, then Title IV aid will only pay current tuition, fees, room and board.
Other allowable educationally-related charges such as library fines, parking fees,
charges for minor damage to school property, and health insurance fees will remain
unpaid which can result in late fees and holds on your account that would prevent
you from registering for classes. Students will be responsible for paying those remaining
fees by the Bursar published deadline.
- So how will this affect my account if I DO authorize Seton Hall to apply any excess
federal Title IV financial aid to prior year charges? »
If you accept and allow Seton Hall to apply Title IV financial aid to previous year
institutional charges, then all charges (except late fees and payment plan fees) up
to $200 on your student account for the previous term are available to be paid by
Title IV funds.
- So how will this affect my account if I do not authorize Seton Hall to apply any excess
federal Title IV financial aid to prior year charges? »
If you decline, Title IV aid will only pay current academic year charges. If you have
a balance on your account after your current year charges are paid, you will have
to pay any previous academic year charges with other funds. Previous balances will
have to be paid and failure to do so will risk being assessed a registration hold,
and thus not being able to register for classes.
- Do I need to sign a new authorization form each semester? »
No, by accepting/declining this online authorization, you are granting the University
authorization to comply with your response while you are a student at the Seton Hall,
including breaks in enrollment. You may cancel or modify your authorization at any
time. A cancellation or modification is not retroactive and will take effect on the
date it is received by the Financial Aid Office.
- Is there a deadline to complete the Title IV Authorization Questions? »
No. Any authorization you provide is valid from that point forward, unless you rescind
it.
- How do I cancel or change my Authorization of Title IV? »
If after providing your Authorization of Title IV, you wish to cancel or modify your
Authorization choice, you must complete the Federal Title IV Authorization Form and
submit it to the Financial Aid Office. A copy will automatically be sent to the Financial
Aid Office, however you may also use one of the following for submission.
| By Mail |
By Email |
In-Person |
Seton Hall University Financial Aid Office 400 South Orange Ave South Orange, NJ 07079 |
financialaid@shu.edu |
Financial Aid Office Bayley Hall, First Floor |
- Can you show me an example of how my decision to accept or decline the authorization
can affect my account? »
| If you accept: |
If you decline: |
|
Tuition $7,224 Mandatory Fees $1613 Parking $347 Health Insurance Fee - $1610 Total Charges: $10,794
Federal Sub Loan - $5,500 Federal Unsub Loan - $2,000 Federal Pell Grant - $3173 Federal FSEOG Grant - $500 Total Title IV Aid - $11,173
Student would get a refund of $379.00 (10,794 – 11,173) Student’s balance after refund would be $0.
|
Tuition $7,224 Mandatory Fees $1613 Total Institutional Charges $8,837
Parking - $347 Health Insurance Fee: $1,610 Total “Other Allowable Educationally Related Charges:” $1,957
Federal Sub Loan - $5,500 Federal Unsub Loan - $2,000 Federal Pell Grant - $3173 Federal FSEOG Grant - $500 Total Title IV Aid - $11,173
Student would get a refund of $2,336 (8,837 – 11,173) Student’s balance after refund would be $1,957 and due by next published due date.
Students who decline will have registration holds placed on their accounts until their
other allowable educationally related charges are paid.
|