第四章授权
联邦基金授权
Title IV funds are federal student aid (FSA) funds administered by the U.S. 教育部. Title IV funds include Direct Subsidized 和 Unsubsidized Loans, 毕业生直接贷款, 直系家长PLUS贷款, 联邦佩尔助学金, 和 federal Supplemental Educational Opportunity Grant (SEOG). It does not include scholarships or other funds from Herzing大学, 国家资源, 或者外部组织.
Federal Student Aid (FSA) regulations specify what charges on your student account your federal financial aid can pay. FSA pays tuition 和 fees without authorization. If you are eligible for federal financial aid in excess of tuition 和 fees 和 you wish to use this excess to cover future institutional or other educationally related charges that may be incurred, you must authorize Herzing大学 to pay these charges from your account balance.
另外, if you have a credit balance on your account caused by a federal Direct Loan because of a schedule change or other packaging revision you must authorize Herzing大学 to return the excess amount to the lender to reduce your loan debt.
You may rescind these authorizations at any time by completing a new authorization form. Changes will take effect for future disbursements 和 will not be retroactive. 你的 authorizations remain valid throughout your entire Herzing大学 enrollment 除非你撤销它们. 根据联邦法规的要求, the University will refund you excess Title IV funds at the end of each financial aid year whether you have provided authorization to hold a credit balance or not.
行动需要:
To provide your authorization(s), log into your 金融援助 Site at login.dftractor.com 然后检查你需要的文件. If no 第四章授权 document is shown as needed, no additional action is required.
常见问题(FAQ)
Title IV Financial Authorizations for 学生
什么是联邦第四章基金?
Title IV funds are federal student aid (FSA) funds administered by the U.S. 教育部. Title IV funds include Direct Subsidized/Unsubsidized Loan, 毕业生直接贷款, 直系家长PLUS贷款, 联邦佩尔助学金, 和 Federal Supplemental Educational Opportunity Grant (SEOG). It does not include scholarships or other funds from Herzing大学, 国家资源, 或者外部组织.
第四章援助必须支付什么?
你的 Title IV Federal financial aid will automatically pay your current-year institutional charges (i.e.(学费及杂费). 不需要进一步授权.
什么援助都不受限制?
所有 other aid you are receiving (other than Title IV) will pay any charge on your account. 例如, scholarships or institutional grants 和 private loans will always pay any charge on your student account.
Why might I have an excess of Title IV funds?
An excess of Title IV funds occurs when the total amount of Title IV funds disbursed to your student account exceeds charges for tuition 和 fees billed by Herzing大学 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.
How do I complete the Authorization 问题 for Federal Title IV 金融援助 Funds?
login你的Herzing助学金网站，网址是 login.dftractor.com. Click on the Documents portal from the main menu. Select the 第四章授权s document listed. 你的 authorizations will be valid from that point throughout your entire Herzing大学 enrollment, 除非你撤销它们. This online form is how you manage your Title IV authorizations.
How might answering “yes” to the authorization questions help me?
对问题回答“是”, Title IV funds will be able to be held as a credit balance for the academic year, 和 funds may be return to the lender should you have a schedule change or revision to your account, 减少你的整体贷款债务. You may provide authorizations for one, both, or none of these. 选择权在你.
如果我回答"是, will I still be able to request a refund for the credit balance on my student account?
是的. 你的 authorization allows Herzing大学 to hold a credit balance for future charges in the academic year only if needed 和 to reduce your outst和ing loan balance by returning any credit balance to your lender should you have a schedule change or revision. You may provide authorizations for one, both, or none of these. 选择权在你.
What if I answer “no” to the 第四章授权 questions?
If you do not want to grant permission to hold any credit balance to pay for future charges in the academic year you may receive a refund (electronically to your checking or savings account if you have provided your banking information through BankMobile or via paper check). This may result in higher overall loan debt. Also, you may be sent a bill for any charges that could not be paid with your Title IV aid. Receiving a refund does not mean you have a $0 balance on your account.
Do I have to answer the authorization questions each term or academic year?
No. 你的 authorizations remain valid throughout your entire Herzing大学 enrollment, 除非你撤销它们. 根据联邦法规的要求, the University will refund to you excess Title IV funds at the end of each academic year whether you have provided an authorization to hold a credit balance or not.
有截止日期吗?
No. Any authorization you provide is valid from that point forward, unless you rescind it. You may receive an email at the start of each aid year as a reminder of your options. You may access the online form at any time through your 金融援助 Site.
Does having an excess of Title IV funds mean that I have an overall credit balance on my student account?
不一定. 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 和 access your Student Account to determine whether you have a credit balance or an amount due to Herzing大学.
我如何撤销第四章授权?
去 login.dftractor.com to access your 金融援助 Site 和 select the Documents menu. 找到第四章授权文件. Please note that changes to your authorizations are not retroactive 和 take effect when they are processed.
Why did I receive this 第四章授权 - Withdrawal form?
This form outlines a student’s preference for the treatment of Title IV credit balances created as a result of a withdrawal 和/or approved break from Herzing大学. The signing of this form is optional 和 is not required. 在这张表格上签字, a student authorizes Herzing大学 to return to the lender the amount of any excess Title IV funds which may exist on the student account. This reduces a student’s overall loan debt 和 means less to repay. Herzing大学 will default to returning all credit balances to the student if the authorization form in not signed/not returned within the allowable timeframe.
I am on approved break, why did I get the 第四章授权 - Withdrawal form?
在批准的休息时间, students remain current Herzing大学 students 和 will be considered to be out on temporary leave. This allows for a break from classes without having to go through the re-entry process when scheduled to return. The approved break or temporary leave status applies only to the Herzing大学 status 和 does not carry over into school status for Federal Student Aid purposes. 这意味着，当在一个批准的休息, a student must be reported as a withdrawn student for Federal Student Aid purposes. Withdrawn students enter the grace period on applicable student loans, 和 if previously in repayment of any educational loans prior to starting at Herzing, will re-enter that repayment status 和 may have loan payments due. In addition, students are sent a document to review called the 第四章授权 – Withdrawal. This document allows Herzing大学 to send excess student loan funding no longer needed to pay for Herzing charges (if applicable), 回到教育部, 降低总体学生贷款债务. The signing of this form is optional 和 is not required.
问题?
Please contact your Herzing大学 金融援助 Advisor via email or by calling (866) 508-0748.