Funds received under the Title IV programs include Federal Stafford Loan, Federal Perkins Loan, Federal Pell Grant, Federal SEOG and the Federal Plus loan. If you have a Title IV credit balance from the disbursement of these funds to your student account at any time during the school year, the University is required by government regulations to obtain your permission to apply the credit balance to prior year or future term charges. If you do not grant authorization, your federal financial aid and loans cannot be used to pay for charges other than tuition, mandatory fees, and University housing and meal plans. Health Insurance and other miscellaneous charges cannot be paid by federal financial aid. This may negatively affect any financial plan you have in place. This form can be found under the My Finances tab in Web Advisor and Campus Cruiser and needs to be completed by anyone who receives Federal Financial Aid. You have to do this only once during your time here at Suffolk University. Failure to complete this form will result in us giving you a refund and not paying the entire balance on your bill.
If at any time during your enrollment here at Suffolk University, you want to rescind this authorization, you may do so by emailing us at firstname.lastname@example.org.