Title IV of the Higher Education Act of 1965 (HEA) covers the administration of the United States federal student financial aid programs.
American colleges and universities are generally classified with regard to their inclusion under Title IV, such as under the U.S. Department of Education statistics.
Title IV was one of eight titles:
Title IV contains nine parts that authorize a broad array of programs and provisions to assist students and their families in gaining access to and financing a postsecondary education. Programs authorized under this title are the primary sources of federal aid supporting postsecondary education.
The act is sectioned:
The National Defense Education Act (NDEA) was signed into law on September 2, 1958, providing funding to United States education institutions at all levels.
In the higher education system of the United States, minority-serving institution (MSI) is a descriptive term for universities and colleges that enroll a significant percentage of students from minority groups.
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid.
Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded in the form of grants, loans, work-study, and scholarships. In order to apply for federal financial aid, students must first complete the Free Application for Federal Student Aid (FAFSA).
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions. Originally known as a Basic Educational Opportunity Grant, it was renamed in 1980 in honor of Democratic U.S. Senator Claiborne Pell of Rhode Island. A Pell Grant is generally considered the foundation of a student's financial aid package, to which other forms of aid are added. The Federal Pell Grant program is administered by the United States Department of Education, which determines the student's financial need and through it, the student's Pell eligibility. The U.S. Department of Education uses a standard formula to evaluate financial information reported on the Free Application for Federal Student Aid (FAFSA) for determining the student's Expected Family Contribution (EFC).
In the United States, higher education is an optional stage of formal learning following secondary education. It is also referred as post-secondary education, third-stage, third-level, or tertiary education. It covers stages 5 to 8 on the International ISCED 2011 scale. It is delivered at 4,360 Title IV degree-granting institutions, known as colleges or universities. These may be public or private universities, research universities, liberal arts colleges, community colleges, or for-profit colleges. US higher education is loosely regulated by the government and by several third-party organizations.
The Council for Higher Education Accreditation (CHEA) is a United States organization of degree-granting colleges and universities. It identifies its purpose as providing national advocacy for academic quality through accreditation in order to certify the quality of higher education accrediting organizations, including regional, faith-based, private, career, and programmatic accrediting organizations.
The Oregon Office of Degree Authorization (ODA) is a unit of the Office of Student Access and Completion, with responsibilities related to maintaining high standards in private higher education institutions in Oregon. ODA administers laws and provides oversight of private colleges and universities offering degree programs in the state, validates individual claims of degrees, enforces the closure of substandard or fraudulent higher education programs in the state, and enforces policy for publicly funded postsecondary programs and locations. It was formerly a unit of the Oregon Student Access Commission (OSAC), which became Oregon Student Assistance Commission prior to January 1, 2012. Its functions moved to the Oregon Higher Education Coordinating Commission as part of the Office of Student Access and Completion in July 2012.
The Higher Education Act of 1965 (HEA) was legislation signed into United States law on November 8, 1965, as part of President Lyndon Johnson's Great Society domestic agenda. Johnson chose Texas State University, his alma mater, as the signing site. The law was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education". It increased federal money given to universities, created scholarships, gave low-interest loans for students, and established a National Teachers Corps. The "financial assistance for students" is covered in Title IV of the HEA.
The William D. Ford Federal Direct Loan Program provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." It is the largest single source of federal financial aid for students and their parents pursuing post-secondary education and for many it is the first financial obligation they incur, leaving them with debt to be paid over a period of time that can be a decade or more as the average student takes 19.4 years. The program is named after William D. Ford, a former member of the U.S. House of Representatives from Michigan.
Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds. FSA is a Performance-Based Organization, and was the first PBO to be established in the US government.
A Hispanic-serving institution (HSI) is defined in U.S. federal law as an accredited, degree-granting, public or private nonprofit institution of higher education with 25% or higher total undergraduate Hispanic or Latino full-time equivalent (FTE) student enrollment. In the 2021–22 academic year, 572 institutions met the federal criteria, up from 539 institutions in the 2018–19 academic year.
The Integrated Postsecondary Education Data System (IPEDS) is a system of interrelated surveys conducted annually by the National Center for Education Statistics (NCES), a part of the Institute for Education Sciences within the United States Department of Education. IPEDS consists of twelve interrelated survey components that are collected over three collection periods each year as described in the Data Collection and Dissemination Cycle. The completion of all IPEDS surveys is mandatory for all institutions that participate in, or are applicants for participation in, any federal financial assistance program authorized by Title IV of the Higher Education Act of 1965, as amended.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have to be repaid. Student loans may be discharged through bankruptcy, but this is difficult.
The University of Management and Technology (UMT) is a private for-profit online university headquartered in Arlington, Virginia. It was founded in 1998 and offers associate, bachelor's, master's, and doctoral degrees as well as certificate programs.
The America Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science Act of 2007, also known as the America COMPETES Act, was authored by Bart Gordon and signed into law on August 9, 2007, by President George W. Bush. The act aimed to invest in innovation through research and development and improve the competitiveness of the United States.
Fremont University, formerly Fremont College, is a private for-profit college in Cerritos, California, USA. It offers vocational degree programs with a focus on serving working adults.
Title V of the Higher Education Act (HEA) is a federally funded grant program, created in 1998 to assist certain colleges and universities in improving the higher education of Hispanic students in the United States. It is also known as the Developing Hispanic-Serving Institutions Program, being directed towards what are designated as Hispanic-serving institutions (HSIs).
The North Carolina Community College System (NCCCS) is the governing body for North Carolina's 58 public community colleges and has been empowered by the state of North Carolina to "adopt all policies, regulations and standards it may deem necessary for operation of the System" by the North Carolina General Assembly. On March 19, 2010, the State Board of Community Colleges approved policy 23 N.C.A.C. 02C .0301 entitled "Admission to Colleges". The State Board has been researching and amending the policy for a decade now and it was implemented on July 10, 2010, after completing the full amendment process. The Admission to Colleges policy states "undocumented immigrants can enter the system's 58 community colleges if they are a graduate of a United States high school, pay out-of-state tuition, and do not displace a North Carolina or United States citizen"
The 90-10 rule refers to a U.S. regulation that governs for-profit higher education. It caps the percentage of revenue that a proprietary school can receive from federal financial aid sources at 90%; the other 10% of revenue must come from alternative sources.