RETURNING STUDENTS with Title IV...
If you are a returning student and have an unpaid balance for Summer 2009 or earlier, you will not be allowed to use Title IV* aid awarded for fall semester 2009 to cover the unpaid balance. Recent changes to federal Title IV regulations prohibit students from using aid to cover a balance from the previous year.
For more information, go to: Press Center for Title IV information, or use the url below:
http://federalstudentaid.ed.gov/presscenter/title4_programs.html
* Title IV of the Higher Education Act of 1965 covers the administration of the United States federal student financial aid programs.