Book Description

This volume provides general information on programs, policies, procedures, and fiscal record keeping and reporting for federally funded student financial aid programs under the Higher Education Act of 1965, Title IV. Chapter 1 provides an overview of Title IV programs. Chapter 2 discusses general institutional responsibilities related to managing Title IV programs. Chapter 3 addresses key fiscal procedures unique to managing Title IV campus-based programs. Chapter 4 provides a comprehensive discussion of obtaining, managing, and returning Title IV funds. Chapter 5 describes specific accounting procedures used to manage Title IV program funds. Chapter 6 addresses Title IV reporting requirements. Appendixes supplementing the main chapters include: a comprehensive glossary of terms related to Title IV accounting, record keeping, and reporting requirements; a list of commonly used acronyms; a list of published information sources that supplement and support the book's information; information for fiscal officers on who to contact for technical assistance; detailed descriptions of each Title IV program; and a primer on accounting for non-Title IV specialists, designed to help novice fiscal officers understand how basic accounting principles apply in managing Title IV program funds.