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Title IV contains nine parts that authorize a broad array of programs and provisions to assist students and their families in gaining access to and financing a postsecondary education. Programs authorized under this title are the primary sources of federal aid supporting postsecondary education. [3] The act is sectioned: A- Grants to attend ...
Universities and other institutions, such as vocational schools, benefited as well from the HEA program, by receiving federal aid to improve the quality of the education process. Student aid programs administered by the US Department of Education are contained in Title IV of the HEA and so are called "Title IV Programs."
Establishes a program of, and authorizes appropriations for, adoption and foster care assistance for children under title IV (Aid to Families with Dependent Children and Aid to Child Welfare Services) of the Social Security Act. Requires a State, in order to be eligible for payments under such program, to have a plan approved by the Secretary ...
During the 1998 reauthorization of the Higher Education Act, Congress changed the 85–15 rule to the 90–10 rule. Now for-profit colleges could receive up to 90%, rather than 85%, of revenue from Title IV funds. [6] In March 2021 the US Senate removed the 90–10 loophole as part of the 2021 Covid relief bill.
The number of Title IV-eligible, degree-granting institutions peaked at 4,726 in 2012, with 4-year institutions numbering at 3,026 and 2-year institutions at 1,700. [1] Enrollment at postsecondary institutions, participating in Title IV, peaked at just over 21 million students in 2010. [ 147 ]
The "financial assistance for students" is covered in Title IV of the HEA. The Higher Education Act of 1965 was reauthorized in 1968, 1972, 1976, 1980, 1986, 1992, 1998, and 2008. The current authorization for the programs in the Higher Education Act expired at the end of 2013 but has been extended through various temporary measures since 2014 ...
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The terms of the loans are described in Title IV of the Higher Education Act of 1965 (with subsequent amendments), which guarantees repayment to the lender if a student defaults. As of July 1, 2010, Stafford Loans are no longer being offered, having been replaced with the William D. Ford Federal Direct Student Loan Program.