Title IV Authorizations

 

Authorization to Apply Federal Financial Aid to Non-Institutional Charges

The Department of Education requires all institutions to follow certain guidelines if a student’s Title IV funds create a credit on the student’s Bursar account. Title IV funds include Federal: Parents PLUS Loans, Stafford Loans, Pell Grant, Perkins Loan, Supplemental Educational Opportunity Grant (SEOG), Work Program, SMART Grant, Academic Competitiveness Grant and Teach Grant.

I understand that this authorization will remain in effect throughout the duration of my Paul Quinn student career. A written request to cancel this authorization must be submitted to the Office of Financial Aid by e-mailing finaid@pqc.edu  and it is not retroactive.

 

Federal student financial aid can only cover "institutional charges" as defined by the U.S. Department of Education. This definition includes current year charges for tuition and fees, and on-campus room and board. Authorization allows Paul Quin to apply your federal financial aid to your non-institutional charges such as: health fees, bookstore charges, library fines, parking fines, damage fees, returned check fees, mailbox fees, lost key fees, judicial fines or any other charges not directly tied to taking a class.


Authorization to Apply Federal Financial Aid to Prior-Year Charges above $200

Federal student financial aid can only cover the "current" academic year institutional charges as defined by the U.S. Department of Education. Authorization allows "prior year" charges to be covered with your current academic year's financial aid. If you have enough financial aid to cover your current year's charges and have excess financial aid that you would like to apply to pay off a prior year balance due on your student account. Prior=year charges below $200 do not require authorization.


Authorization to Apply Work Program Scholarship

Paul Quinn College is a federally funded work college. All residential, full-time students are required to participate in the Work Program regardless of their financial need. As part of their participation, students work between 300 and 400 hours per academic year to earn a Work Program Scholarship and stipend.