Federal regulations require that the University apply your Title IV Federal financial aid funds (Direct Loans, Plus Loan, Pell, SEOG, etc..) first to "institutional charges", which are tuition, mandatory fees, contracted University room and board fees, etc. In order to apply any remaining Title IV funds to non-institutional (miscellaneous) charges including, but not limited to applicable book vouchers and health insurance fee etc., the University is required to obtain your authorization. Furthermore, authorization is required to apply funds, not to exceed $200, to a prior year charges. If you have questions, please contact The Office of Student Financial Aid at (773) 995-2304. For additional information regarding the authorization regulation, please visit the U.S. Department of Education's website at www.ed.gov.
If authorization of Title IV funds is "NOT" provided, you will have an outstanding balance on your account which must be paid immediately, and you will not be eligible for a book voucher. Failure to pay in full may result in your inability to register for future terms, receive a hold release, etc. Furthermore, services such as request for transcript and diploma will be restricted until the balance has been paid in full. All outstanding accounts are subject to a late fee.
Please be advised that failure to complete this authorization form will delay and may impact the disbursement of your financial aid funds.
Steps to complete your Title IV Authorization online
- Log onto Cougar Connect
- Click on "Financial Aid" link
- Click on "Award".
- Click on "Award by Aid Year"
- Click on tab entitled "Resource/Additional Information"
- Select "Yes" or "No" for Title IV funds authorization
Our offices are open Monday, Tuesday, Wednesday, and Friday from 8:30 a.m. until 5:00 p.m. and Thursday from 8:30 a.m. until 7:00 p.m. If you have any questions or concerns, please contact us!
**Students have the right to revoke their authorization at any time by delivering a written cancellation to the Office of the Bursar 10 days prior to the posting of their refund.