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Herzing University

Title IV Authorization

Federal Funds Authorizations

Title IV Authorization

Federal Funds Authorizations

Title IV funds are federal student aid (FSA) funds administered by the U.S. Department of Education. Title IV funds include Direct Subsidized and Unsubsidized Loans, Direct Graduate PLUS Loan, Direct Parent PLUS Loan, federal Pell grant, and federal Supplemental Educational Opportunity Grant (SEOG). It does not include scholarships or other funds from Herzing University, state sources, or external organizations.

Federal Student Aid (FSA) regulations specify what charges on your student account your federal financial aid can pay. FSA pays tuition and fees without authorization. A Title IV credit balance occurs whenever the amount of Title IV funds credited to a student’s account for a payment period exceeds the amount assessed for allowable charges associated with that payment period.  Herzing University will release all Title IV credit balances directly to the student/parent no later than 14 days after the credit balance occurs.

Frequently Asked Questions (FAQ)

Title IV Financial Authorizations for Students

Title IV funds are federal student aid (FSA) funds administered by the U.S. Department of Education. Title IV funds include Direct Subsidized/Unsubsidized Loan, Direct Graduate PLUS Loan, Direct Parent PLUS Loan, Federal Pell Grant, and Federal Supplemental Educational Opportunity Grant (SEOG). It does not include scholarships or other funds from Herzing University, state sources, or external organizations.

Your Title IV Federal financial aid will automatically pay your current-year institutional charges (i.e., tuition and fees). No further authorization is needed.

All other aid you are receiving (other than Title IV) will pay any charge on your account. For example, scholarships or institutional grants and private loans will always pay any charge on your student account.

An excess of Title IV funds occurs when the total amount of Title IV funds disbursed to your student account exceeds charges for tuition and fees billed by Herzing University on your student account. An excess of Title IV funds does not necessarily mean you have a credit balance on your overall account. It means there are no other charges that those funds may pay.

Not necessarily. An excess of Title IV funds means that your federal financial aid exceeds the charges it is permitted to pay (as defined above). You may login to your Herzing Student Portal and access your Student Account to determine whether you have a credit balance or an amount due to Herzing University.

Questions?

Please contact your Herzing University Financial Aid Advisor via email or by calling (866) 508-0748.