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Certification and Title IV Credit Balance Authorization

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I understand that I am responsible for repaying my student loan monies received on my behalf either as a credit to my account or delivered directly to me. I also understand that I am responsible for repaying any federal financial aid I receive (grants/loans) that exceeds my eligibility and for which repayment is required by federal regulations.

I understand that I must be enrolled on at least a half-time basis to receive most types of loan aid.

I agree to give proof of any or all of the information I have submitted in the Financial Aid Application process if it is required.

I understand that I must maintain satisfactory academic progress as defined by Beal University to maintain financial aid eligibility.

I understand that I am responsible for any/all costs not covered by Financial Aid and that all aid offered to me is subject to change due to fund availability, the results of verification process, and other criteria.

I will notify the Financial Aid Office of any change in my family's financial situation, such as a change in employment, marriage, or a change in benefits.

I affirm to the best of my knowledge the information submitted on this form is complete and accurate.

SECTION 1:

I authorizeI do not authorize

Beal University to hold any amount of a Title IV credit balance that may exist on my account to assist me in meeting additional and future educational expenses. Additional education related expenses (such as student health insurance, book charges, supply charges, or certification exam fees) are non-contractual expenses that may be directly billed to my account.

SECTION 2:

I authorizeI do not authorize

Beal University to return to the lender any credit balance on my account at the end of the loan period or at the end of the last payment period in the award year for which the funds are awarded to help reduce my loan indebtedness.

SECTION 3:

Should I withdraw from school and a Title IV credit balance exists on my account,

I authorizeI do not authorize

Beal University to return the amount of such credit balance to my lender to help reduce my loan indebtedness.

I further understand that I may modify or rescind this authorization at any time.

BY MY SIGNATURE BELOW, I AFFIRM THAT I HAVE READ AND UNDERSTOOD THE ABOVE STATEMENTS

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March 25, 2021 1:18 pm EDT

Certification and Title IV Credit Balance Authorization Uploaded by Financial Aid - fa@beal.edu IP 71.255.159.238

March 29, 2021 8:50 am EDT

Document owner administrator@beal.edu has handed over this document to fa@beal.edu 2021-03-29 08:50:23 - 71.255.159.238