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Title VIII, Additional Programs. [3] 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 ...
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.
The Act allows the U.S. Secretary of Education to grant waivers or relief to recipients of student financial aid programs under Title IV of the Higher Education Act of 1965, in connection with a war or other military operation or national emergency. [1]
How to find out if your school is a Title IV institution Why your school’s accreditation matters What is Title IV of the Higher Education Act? President Lyndon B. Johnson signed the Higher ...
The FAFSA is used as a baseline for nearly every determination of financial aid for students who qualify, but tens of thousands of dollars go unclaimed every year for undergraduate and associate ...
The law, for the first time, also required post-secondary institutions to be more transparent about costs and required the nearly 7,000 post-secondary institutions that receive federal financial aid funds (Title IV) to post net price calculators on their websites as well as security and copyright policies by October 29, 2011.
Also originally announced in April 2022, the Fresh Start program allows borrowers who defaulted on their federal student loans prior to the payment pause to get them back into good standing.
[1] It is the largest single source of federal financial aid for students and their parents pursuing post-secondary education and for many it is the first financial obligation they incur, leaving them with debt to be paid over a period of time that can be a decade or more as the average student takes 19.4 years.