Is it true that a borrower may regain Title IV eligibility by repaying a defaulted Title IV loan through a satisfactory repayment arrangement only once?

The correctness of the statement revolves around the specific regulations governing Title IV student loans. A borrower can regain eligibility for Title IV aid if they make satisfactory repayment arrangements for a defaulted loan, but this is indeed limited to a one-time opportunity. The stipulation exists to encourage borrowers to take responsibility for their outstanding debts while also providing a pathway for them to continue their education.

This policy is part of regulatory guidelines to ensure that while borrowers are incentivized to remedy their default status, the actions taken are not repeated excessively, which could indicate a pattern of financial mismanagement. Thus, being able to regain Title IV eligibility by establishing a satisfactory repayment plan is confined to a singular occasion, reinforcing the principle of accountability in managing federal student loans. The other choices are less relevant, as they introduce conditions that do not align with the regulation, which does not limit the eligibility recovery based on the amount of the loan or the status of other loans.