Definitions
Title IV Financial Aid
- Direct Subsidized/Unsubsidized Loans
- Federal Pell Grants
- Federal Supplemental Educational Opportunity Grants (SEOG)
- Direct PLUS Loans (Parent/Graduate)
Educational (Allowable) Charges
- Tuition
- Room and Board
- Mandatory fees
Non-Educational (Non-allowable) Charges
- Health insurance
- Parking fines
- Late fees
- Interest charges
- Any other fees not mandated for courses
In order to apply Title IV funding to non-educational charges, you will need to grant permission to the Թϱ. If Title IV Authorization is incomplete (or declined), funds cannot be applied to non-educational charges, and a refund will be issued, even if non-educational charges remain on the bill. This means you could simultaneously receive a refund and a bill. However, receiving a refund would not indicate your account is satisfied.
The Title IV Authorization decision needs to be made only once while you are a Թϱ student. If you wish to change or rescind, you can do so by emailing a written request to Student Financial Services.
You will make a decision on how to apply excess federal loans and grants to your non-educational charges by completing the Title IV Authorization requirement found on Compass. You can follow the instructions below:
- Log on to
- Select the “Financial Aid” card, this will open the Home tab.
- See “Questions from the Financial Aid Office.”
- View Questions
- Choose Authorize or Decline from the drop-down box. Click “Submit.”
Contact
Student Financial Services Office Locations
Biddeford Campus
Decary Hall First Floor, Room 107
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11 Hills Beach Road
Biddeford, ME 04005
Portland Campus for the Health Sciences
McDougall Hall First Floor, Room 111
Թϱ
716 Stevens Avenue
Portland, ME 04103